Here is a script to use 3 types of Bollinger Bands.
It is like three resistances or ranges in wich the Chart generally likes to move. A 1, 2 and 3 Width BB. The Chart moves 90% between the yellow one.
As support for my study i use the 13 EMA. is the Chart over the 13 EMA and under the Yellow (2) BB the trend is bullish. Is t under the 13 EMA and over the...
This script combines LazyBear's RSI Bands with JayRoger's Bollinger Heat Bands, to give an on chart representation of the price needed to set RSI to each major level, from 20 to 80 (higher values created massive bands).
With this script you can use bollinger bands with up to 4 moving averages.
The bollinger band basis and the moving averages can be changed to EMA's.
To prevent auto scaling of the bands, turn off the plots and just keep the fill.
Determining market trends has become a science even though a high number
or people still believe it’s a gambling game. Mathematicians, technicians,
brokers and investors have worked together in developing quite several
indicators to help them better understand and forecast market movements.
The Prime Number Bands indicator was developed by Modulus...
Standard Error Bands - Code by @XeL_arjona
Original implementation by:
Traders issue: Stocks & Commodities V. 14:9 (375-379):
Standard Error Bands by Jon Andersen
For a quick and publicly open explanation of this Statistical indicator, you can refer at Here!
Extract from the former URL:
Standard Error bands are...
This Indicator is yet another variation of KC. Inspired from Value Charts webinar. I have seen their videos on youtube. What appears to be a variation of KC.
They use 12 bands Showing the zone, and different MA for different timeframes.
You can get this indicator close to accuracy by changing the inputs (ATR) and (Deviations)
This also can be used with the...