OPEN-SOURCE SCRIPT
[blackcat] L1 Vitali Apirine MAB
Level 1
Background
Vitali Apirine’s articles in the July & August issues on 2021, “Moving Average Bands”
Function
In “Moving Average Bands” (part 1, July 2021 issue) and “Moving Average Band Width” (part 2, August 2021 issue), author Vitali Apirine explains how moving average bands (MAB) can be used as a trend-following indicator by displaying the movement of a shorter-term moving average in relation to the movement of a longer-term moving average. The distance between the bands will widen as volatility increases and will narrow as volatility decreases.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Background
Vitali Apirine’s articles in the July & August issues on 2021, “Moving Average Bands”
Function
In “Moving Average Bands” (part 1, July 2021 issue) and “Moving Average Band Width” (part 2, August 2021 issue), author Vitali Apirine explains how moving average bands (MAB) can be used as a trend-following indicator by displaying the movement of a shorter-term moving average in relation to the movement of a longer-term moving average. The distance between the bands will widen as volatility increases and will narrow as volatility decreases.
Remarks
This is a Level 1 free and open source indicator.
Feedbacks are appreciated.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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