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LuauDesign's Price Bands v1

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I wanted to make an indicator that behaved similarly to Parallel Channels. This is what I currently have.

Blue Channel for uptrend. Red Channel for downtrend. Both for ranges.

Recommended periods are powers of two (16, 32, 64, 128, 256), which should be adjusted according to volatility.

There's a alternate version of this same code that shows an Oscillator instead. Less clutter if you're using more than one at once.
Notes de version
Better colors and better preview image.
bandsOscillatorsTrend AnalysisVolatility

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Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.

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