OPEN-SOURCE SCRIPT
Bollinger Bands, multi tool
Bollinger bands multi tool.
The user is allowed to turn on/off four sets of bollinger bands.
The calculation uses simple moving average as default.
However have other options:
Basis options:
options : "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA", "VWAP"
Basis can be turned on/off.
The tool allows the user to adjust standard deviation and period.
Two bands with same timeframe as used on chart.
Two bands with option to choose different timeframe.
Very powerfull tool to identify important pivots in volatility analysis.
But can also be used to identify
The user is allowed to turn on/off four sets of bollinger bands.
The calculation uses simple moving average as default.
However have other options:
Basis options:
options : "SMA", "EMA", "WMA", "VWMA", "SMMA", "DEMA", "TEMA", "HullMA", "LSMA", "VWAP"
Basis can be turned on/off.
The tool allows the user to adjust standard deviation and period.
Two bands with same timeframe as used on chart.
Two bands with option to choose different timeframe.
Very powerfull tool to identify important pivots in volatility analysis.
But can also be used to identify
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