Volatility Adjusted Bands - JD

British Pound/Japanese YenFXCM

설명

⋅ 2019년 6월 19일 오후 1시 23분

This indicator gives a likely trading range based on the volatility of the past x amount of bars, measured against a certain moving average.
The indicator can be used as an alternative for BBands.
It gives approx. the same "trend-side" lines (upper line in uptrend, lower line in down trend) as the Bollinger Bands, but the opposite line follows closer on price,
Instead of "flying out" to the other direction like in BBands.

As a comparison, the BBands for the same length (50 period) are added on the chart.

JD.
#NotTradingAdvice #DYOR

I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.

릴리즈 노트

⋅ 2020년 1월 9일 오후 1시 17분

update to v4.

코멘트

stevenwalter0

⋅ 2020년 7월 6일 오전 11시 37분

Again great script. I think this is much better than BB. Is there a simple way this can tell me when the price is in a squeeze or is ranging?

Duyck

⋅ 2020년 7월 6일 오후 9시 41분

@stevenwalter0, Thanks,
well it's more closely resembled to channels than to BB actually.

for squeezes you could try out my squeeze indicator.
tradingview.com/script/Xg9kYyi2-Squeeze-Expansion-Indicator-JD/

Gr, and thanks for the support!
JD.

Noldo

⋅ 2020년 3월 21일 오후 7시 34분

That's nice script thanks for your effort!

Duyck

⋅ 2020년 3월 31일 오후 12시 21분

@Noldo, My pleasure.