OPEN-SOURCE SCRIPT
Bandes Mogalef
Mogalef Bands Indicator
Overview
The Mogalef Bands indicator projects future price ranges by combining linear regression and standard deviation calculations. It dynamically updates bands only on significant breakout movements, providing potential support/resistance levels and trend direction.
Authors
- **J.Galabert**: Original inventor
- **R.Morando**: Made the indicator displayable
- **E.Lefort**: Contributed to studies and statistics
Overview
The Mogalef Bands indicator projects future price ranges by combining linear regression and standard deviation calculations. It dynamically updates bands only on significant breakout movements, providing potential support/resistance levels and trend direction.
Authors
- **J.Galabert**: Original inventor
- **R.Morando**: Made the indicator displayable
- **E.Lefort**: Contributed to studies and statistics
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.
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.