OPEN-SOURCE SCRIPT
Updated IQR Bands – Clean (Wang Shi Jie)
Robust IQR Bands identifies price extremes using statistical quartiles. Unlike Bollinger Bands, it resists noise by focusing on the median Q1-Q3 range and 1.5x IQR outlier levels. Features adaptive source inputs (Close/Open) for precise real-time analysis. Ideal for spotting mean reversion setups.
Release Notes
hiRelease Notes
CleanOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.