[RS]Signal to Noise Bands — Indicator by RicardoSantos

volatility breadthstudies experimental bands noise

EXPERIMENTAL:
Bands using Signal to Noise Calculation.
The bands calculation is similar to bolingers in the aspect that both use standard deviation.

Release Notes:

Fixed null value and added a rescaling factor.

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.

Want to use this script on a chart?