Is It Uptrend or DownTrend? Are you lost? Follow the trend with CapnBands :)
study(shorttitle="CapnsBB", title="CapnsBands", overlay=true) //Define Variables max = 80 hi = 70 mup = 50.5 mdo = 49.5 lo = 30 min = 20 //MajorTrend src2 = close, len2 = input(84, minval=1, title="MajorTrend") up2 = rma(max(change(src2), 0), len2) down2 = rma(-min(change(src2), 0), len2) rsi2 = down2 == 0 ? 100 : up2 == 0 ? 0 : 100 - (100 / (1 + up2 / down2)) rsi2c = rsi2 > mup ? lime : rsi2 < mdo ? red : rsi2 == 50 ? gray : yellow length = input(80, minval=1) src = input(close, title="Source") mult = input(2.0, minval=0.001, maxval=50) basis = sma(src, length) dev = mult * stdev(src, length) upper = basis + dev lower = basis - dev p0 = plot(basis, linewidth=3, color=rsi2c) p1 = plot(upper, color=green) p2 = plot(lower, color=red) fill(p1, p0, color=green, transp=95) fill(p0, p2, color=red, transp=95)