MultiTimeFrame Shifting Predictive Bollinger Bands — Indicator by informanerd

bollingerbands bb bband multi-timeframe mtf triple shift offset predictive forecasting

This is the optimized version of my MTFSBB indicator with capability of possible bands prediction in case of negative shifting (to the left).
Make me happy by using it and sending me your ideas about the prediction.

Release Notes:

Changed prediction algorithm
Made prediction work with or without shifting
Possible bands are now being predicted based on average of previous bars.

Release Notes:

Code optimized.
Prediction now works better.
Added support for BBands calculation based on user selected types of Moving Average (DEMA, EMA, HMA, LSMA, RMA, SMA, SWMA, TEMA, TMA, VWMA, WMA).

Release Notes:

Made predictions better again!

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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