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Scalping, Swing Pro: Urban Towers + Bollinger(0.5)+ WMA by Kidev

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This indicator combines narrow Bollinger Bands (σ = 0.5) with a Weighted Moving Average (WMA-96) to provide traders with a reliable framework for identifying both short-term scalps and medium-term swing setups.

Bollinger Bands (0.5σ):
Traditional Bollinger Bands at 2σ cover ~95% of price movement, while 0.5σ bands narrow the focus to ~50% of price activity. This tighter structure makes them ideal for detecting volatility contractions, consolidations, and early breakout signals.

WMA-96 as Trend Reference:
The 96-period WMA acts as a slower, more stable directional guide. Unlike shorter WMAs, this longer setting filters noise and serves as a reference line for the dominant trend. Traders can use it as an anchor for intraday or swing positions.

Scalping & Swing Benefits:

Price holding above the WMA-96 while staying near the upper 0.5σ band often signals strength.

Contractions (squeezes) in the 0.5σ band followed by expansion frequently mark breakout zones.

Pullbacks toward the WMA-96 combined with band signals can act as re-entry or risk-defined trade areas.

This script provides a balanced view of momentum and stability — the 0.5σ bands reveal short-term volatility shifts, while the WMA-96 grounds the trader in the prevailing trend.
Nota Keluaran
This indicator combines narrow Bollinger Bands (σ = 0.5) with a Weighted Moving Average (WMA-96) to provide traders with a reliable framework for identifying both short-term scalps and medium-term swing setups.

Bollinger Bands (0.5σ):
Traditional Bollinger Bands at 2σ cover ~95% of price movement, while 0.5σ bands narrow the focus to ~50% of price activity. This tighter structure makes them ideal for detecting volatility contractions, consolidations, and early breakout signals.

WMA-96 as Trend Reference:
The 96-period WMA acts as a slower, more stable directional guide. Unlike shorter WMAs, this longer setting filters noise and serves as a reference line for the dominant trend. Traders can use it as an anchor for intraday or swing positions.

Scalping & Swing Benefits:

Price holding above the WMA-96 while staying near the upper 0.5σ band often signals strength.

Contractions (squeezes) in the 0.5σ band followed by expansion frequently mark breakout zones.

Pullbacks toward the WMA-96 combined with band signals can act as re-entry or risk-defined trade areas.

This script provides a balanced view of momentum and stability — the 0.5σ bands reveal short-term volatility shifts, while the WMA-96 grounds the trader in the prevailing trend.
Nota Keluaran
This indicator combines narrow Bollinger Bands (σ = 0.5) with a Weighted Moving Average (WMA-96) to provide traders with a reliable framework for identifying both short-term scalps and medium-term swing setups.

Bollinger Bands (0.5σ):
Traditional Bollinger Bands at 2σ cover ~95% of price movement, while 0.5σ bands narrow the focus to ~50% of price activity. This tighter structure makes them ideal for detecting volatility contractions, consolidations, and early breakout signals.

WMA-96 as Trend Reference:
The 96-period WMA acts as a slower, more stable directional guide. Unlike shorter WMAs, this longer setting filters noise and serves as a reference line for the dominant trend. Traders can use it as an anchor for intraday or swing positions.

Scalping & Swing Benefits:

Price holding above the WMA-96 while staying near the upper 0.5σ band often signals strength.

Contractions (squeezes) in the 0.5σ band followed by expansion frequently mark breakout zones.

Pullbacks toward the WMA-96 combined with band signals can act as re-entry or risk-defined trade areas.

This script provides a balanced view of momentum and stability — the 0.5σ bands reveal short-term volatility shifts, while the WMA-96 grounds the trader in the prevailing trend.

Penafian

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