Breaking Bands by PuppyTherapy

15 Okt 2018

Today I have brought to you Breaking Bands. It is a compilation of more flexible Bollinger bands in normal and rainbow mode and Keltner Channels.

Please select at least one or two modes at max otherwise you will have a little colorful overflow on the chart.

Bollinger bands :

- you can select a different baseline calculation than the normal Simple Moving average.
- some of the baselines like T3 suffer from getting too tight too fast you can add a constant+ to the mix which is a basic percentage that will get added to the deviation thus bands will have a minimum threshold.

Rainbow bands :
- same things apply as for Bollinger bands but you can add several layers with different colors under the bands

Keltner Channels :
- only the base moving average applies the rest is calculated via Keltner Channel width
- each coin has a different volatility, therefore, you have to use the multiplier to find the best value for you. The base is mainly for scalping ETHUSD / BTCUSD.


I also added RSI and STOCH to the mix. If you have any of two selected you will see dots on the bottom and on the top signaling overbought/oversold conditions. When the color changes it is signaling a possible trend reversal / weakening trend on the oscilator.

5 Nov 2018

Nota Keluaran

Updated the rain bands for scalping to add multiple Bands with different Std.

12 Nov 2018

Nota Keluaran

- Added ema Ribbon
- KCs are Default