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Crypto Bands with Tools

4 115
This indicator has 3 bands

1. Upper Band
2. Middle Band
3. Lower Band

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1. Upper Band
Average of Moving Average of the Close (add Standard Deviations) and Highest price reached in the prior period

2. Middle Band

Average of upper and middle bands. And middle band also has BUY-SELL function. If middle band is blue you can BUY and if the middle band colored red you can SELL

3. Lower Band
Average of Moving Average of the Close(subtract Standard Deviations) and Lowest price reached in the prior period

Upper and Lower bands can be used for BUY&SELL strategy.

You can buy when price touches the lower band

You can sell when price touches the upper band

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Indicator can work with long and short positions aswell
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As you can see when price touches the lower band you can be LONG
and when the price touches the upper band you can be SHORT



When stock prices continually touch the upper DMR Band, the prices are thought to be overbought; conversely, when they continually touch the lower band, prices are thought to be oversold, triggering a buy signal. When using DMR Bands, designate the upper and lower bands as price targets.

indicator has ichimoku and some moving averages for checking the support and resistances.

發行說明
Changed middle bands color codes.
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Bug Fixes
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Color Changes

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