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Bollinger Bands [Anan]

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Hello friends,,

This is my own enhanced version of Bollinger Bands based on some backtesting,,

It's the same logic behind standard BB but instead of using length(period), I created a formula and used a "factor" to scale it up/down.
The formula is just average of averages of averages... (But it's backtested with good results)

I also added two standard deviations so that the distance between them will be the (over-bought/over-sold zones)
And finally added a squeeze indicator to identify the predicted price action movements..

You have the options to control everything like:
-Timeframe
-Source
-Calculation Method
-Length Factor
-StdDev#1
-StdDev#2
-Squeeze Factor
-Squeeze Threshold



Nota Keluaran
Add option to for Price calcultions: ["Standard", "Logarithmic"]
Nota Keluaran
Add option to for Price calcultions to support log scale: (Standard or Logarithmic)

Penafian

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