Trendoscope

Multi Band Channel

Trendoscope Wizard Updated   
Putting multiple bollinger bands/keltener channels together helps visualize the relative price movement. I have also used this in my BuyTheDip V2 strategy to measure dip and bounce back. 7 Standard deviation is used here. These are calculated based on the input fields StdDevStart and StdDevStep.


Release Notes:
  • Added option for custom moving average for both Keltner Channel and Bollinger Bands.
  • Using loops to calculate multi bands
Release Notes:
Further simplify code

Open-source script

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