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Bande di Bollinger (BB)

3D-WAVE-PM indicatorThis is an extension of the WAVE-PM indicator as explained by Mark Whistler in his book Volatility Illuminated . This heatmap represent different lengths of WAVE-PM indicator, starting from 20 and incremented by 15 until 485. As a reminder, WAVE-PM compare the size of the current distribution to the last 100. The result is represented as a number between 0 and 1. The more close to 0, the more contracted the distribution is. The more close to 1, the more expanded the distribution is. The color code is the same as my standard WAVE-PM indicator : Between 0.35 and 0.5 also known as the "Gear change" level => Grey Between 0.5 and 0.7 also known as the "Consolidation" level => Green Between 0.7 and 0.9 also known as the "Breakout" level => Blue Between 0.9 and 1 also known as the "Danger" level => Red Note that i have colored results below 0.35 as black Note also that each level has been divided in 2 colors : The light one for the lower half of the range and the dark one for the higher half. You should resize the indicator window to have a clear and continuous heatmap.
Indicatore Pine Script™
di PseT
2
Rumpy's McGinley's Dynamic Bollinger Bands and Keltner ChannelUses volume weighted (optional) applied to the McGinley Dynamic for the basis of either a Bollinger Band or Keltner Channel. When volume weighting is enabled it uses a volume weighted standard deviation to calculate the bollinger width. Keltner channel also uses the McGinley formula to calculate the ATR used to determine the width of the channel. Both the 1x and 2x standard dev and ATR multiples had significant PA interaction so both intervals are plotted to the BB and KC. --------------------------------------- If you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA --------------------------------------- Keltner Channel :
Indicatore Pine Script™
di rumpypumpydumpy
2