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.
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