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Trop Bands

Trop Bands is a tool that uses an exponential moving average (EMA) as its central trendline and upper and lower bands to identify potential buying and selling opportunities in the market. The bands are calculated based on recent moves away from the EMA, and they are plotted around the central trendline to provide a visual representation of market trends and conditions. When the price moves outside of these bands, it can be seen as a signal that the security is overbought or oversold and may be ready for a reversal, just like Bollinger Bands.
In addition to providing signals when the price moves outside of the bands, the indicator can also show triangles outside/inside the bands. These triangles are based on the Demand Index developed by James Sibbet and are intended to provide additional confirmation of potential trading opportunities. They can be used in conjunction with other technical analysis tools to help identifying potential trading opportunities in the market.
In addition to providing signals when the price moves outside of the bands, the indicator can also show triangles outside/inside the bands. These triangles are based on the Demand Index developed by James Sibbet and are intended to provide additional confirmation of potential trading opportunities. They can be used in conjunction with other technical analysis tools to help identifying potential trading opportunities in the market.
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Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.