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Entropy Bands (TechnoBlooms)
Entropy Bands — A New Era of Volatility and Trend Analysis
Entropy Bands is our next indicator as a part of the Quantum Price Theory (QPT) Series of indicators.
🧠Overview
Entropy Bands are an advanced volatility-based indicator that reimagines traditional banded systems like Bollinger Bands.
Built on entropy theory, adaptive moving averages, and dynamic volatility measurement, Entropy Bands provide deeper insights into market randomness, trend strength, and breakout potential.
Instead of only relying on price deviation (like Bollinger Bands), Entropy Bands integrate chaos theory principles to create smarter, more responsive dynamic bands that adapt to real market behavior.
🚀Why is Entropy Bands Different — and Better
Dynamic Band Width: Adjusts using both entropy and ATR, creating smarter expansion/contraction.
Multi-Moving Average Core: Choose between SMA, EMA, or WMA for optimal centerline behavior.
Noise and Breakout Filtering: Filters fake breakouts by analyzing candle body size and entropy conditions.
Visual Clarity: Background and candle coloring highlight chaotic/noisy zones, trend zones, and breakout moments.
Entropy Bands don't just react to price — they analyze the underlying market behavior, offering superior decision-making signals.
📚 Watch Band Behavior:
Bands expand during volatility spikes or chaotic conditions.
Bands contract during low volatility or tight consolidation zones.
📚 Analyze Candle Coloring:
Green = Bullish breakout (closing above upper band).
Pink = Bearish breakout (closing below lower band).
Gray = Inside bands (neutral/random noise).
✨Key Features of Entropy Bands:
Entropy-Based Band Width Calculation: A scientific edge over pure price deviation methods.
Dynamic Background Coloring: Highlights high entropy areas where randomness dominates.
Candle Breakout Coloring: Easy-to-spot trend breakouts and strength moves.
Multi-MA Flexibility: Adapt the bands’ core to trending, ranging, or volatile markets.
Body Size Filter: Protects against fake breakouts by requiring meaningful candle body moves.
Entropy Bands is our next indicator as a part of the Quantum Price Theory (QPT) Series of indicators.
🧠Overview
Entropy Bands are an advanced volatility-based indicator that reimagines traditional banded systems like Bollinger Bands.
Built on entropy theory, adaptive moving averages, and dynamic volatility measurement, Entropy Bands provide deeper insights into market randomness, trend strength, and breakout potential.
Instead of only relying on price deviation (like Bollinger Bands), Entropy Bands integrate chaos theory principles to create smarter, more responsive dynamic bands that adapt to real market behavior.
🚀Why is Entropy Bands Different — and Better
Dynamic Band Width: Adjusts using both entropy and ATR, creating smarter expansion/contraction.
Multi-Moving Average Core: Choose between SMA, EMA, or WMA for optimal centerline behavior.
Noise and Breakout Filtering: Filters fake breakouts by analyzing candle body size and entropy conditions.
Visual Clarity: Background and candle coloring highlight chaotic/noisy zones, trend zones, and breakout moments.
Entropy Bands don't just react to price — they analyze the underlying market behavior, offering superior decision-making signals.
📚 Watch Band Behavior:
Bands expand during volatility spikes or chaotic conditions.
Bands contract during low volatility or tight consolidation zones.
📚 Analyze Candle Coloring:
Green = Bullish breakout (closing above upper band).
Pink = Bearish breakout (closing below lower band).
Gray = Inside bands (neutral/random noise).
✨Key Features of Entropy Bands:
Entropy-Based Band Width Calculation: A scientific edge over pure price deviation methods.
Dynamic Background Coloring: Highlights high entropy areas where randomness dominates.
Candle Breakout Coloring: Easy-to-spot trend breakouts and strength moves.
Multi-MA Flexibility: Adapt the bands’ core to trending, ranging, or volatile markets.
Body Size Filter: Protects against fake breakouts by requiring meaningful candle body moves.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。