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brobear

Wimble

brobear Updated   
Bollinger Bands (BB) Standard Deviation decay midline
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3
bollingerbands standarddeviation decay midline
A standard deviation toolbox. Highly configurable.

Inspired by Bollinger Bands, Wimble creates two bands (from standard deviation) for visually clarity of price movement.

See the comments at the beginning of the script for a complete description.
Release Notes:
Version 5
  • Default settings are the same as the previous version.
  • Upgrade script to Pine version 4.
  • Added a plethora of options: more moving averages, exponentially decaying highs/lows, midlines.
  • Can be used with the "Midline Oscillator" is visually see how the moving average options work.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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