At the heart of True Bands is a moving average with improved timing and smoothness. Due to its adaptability to the trend by moving average, identifying overbought or oversold phases becomes extremely easy.
The ability to use this indicator on various coins, assets, bonds, etc. is an extremely important advantage, but besides this, this indicator is also universal to the timeframe.
True Bands are also extremely easy to use, you just have to track when the price hits the wide bands, which means that the price is overbought or oversold depending on the color of the bands.
If you want access send me a private message so we can discuss it.
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact truenomic for more information, or follow the author's instructions below.
TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.
Send me a private message for access to my invite only indicators. More info here: https://byzantium.store/
Warning: please read before requesting access.
More info here: https://byzantium.store/