OPEN-SOURCE SCRIPT

High Low Bands Strategy

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As the name suggests, High low bands are two bands surrounding the underlying’s
price. These bands are generated from the triangular moving averages calculated
from the underlying’s price. The triangular moving average is, in turn, shifted
up and down by a fixed percentage. The bands, thus formed, are termed as High
low bands. The main theme and concept of High low bands is based upon the triangular
moving average.

WARNING:
- This script to change bars colors.
發布通知
As the name suggests, High low bands are two bands surrounding the underlying’s
price. These bands are generated from the triangular moving averages calculated
from the underlying’s price. The triangular moving average is, in turn, shifted
up and down by a fixed percentage. The bands, thus formed, are termed as High
low bands. The main theme and concept of High low bands is based upon the triangular
moving average.

To fix do not correct to interpret a signal.

WARNING:
- This script to change bars colors.
highlowbandsMoving AveragesstrategyTrend Analysistriangular

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