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Faytterro Bands

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what is Faytterro Bands?
it is a channel indicator like "Bollinger Bands".

what it does?
creates a channel using standard deviations and means. thus giving users an idea about the expensive and cheap zones. It uses a special weighted moving average different from standard bollinger bands, it also averages not only price but also deviations.

how it does it?
it uses this formulas: syot kilat

how to use it?
its usage is the same as "bollinger band".
length represents the number of candles to be taken into account, source represents the source of those candles and stdev represents the coefficient of the standard deviation.

you can use it with other indicators:
syot kilat
Nota Keluaran
Added dashed and transparent options.
Nota Keluaran
added color options.
Nota Keluaran
Fixed the labels on the price scale.
alarm added.
Nota Keluaran
The issue that caused the indicator to disappear after a while has been resolved.
Nota Keluaran
Fixed an issue where lines were drawn multiple times.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.