OPEN-SOURCE SCRIPT
faytterro bands alert HUYEN2
Channel Indicator: It functions similarly to Bollinger Bands, creating upper and lower bands around the price based on a unique weighted moving average and standard deviation.
Signal Generation: Signals appear when the price closes inside a band after having been outside of it, indicating potential trend changes or reversals.
Signal Generation: Signals appear when the price closes inside a band after having been outside of it, indicating potential trend changes or reversals.
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.