Weighted Deviation Bands [Loxx]

What are Weighted Deviation Bands?
Variation of the Bollinger bands but it uses linear weighted average and weighted deviation via Mladen Rakic.

What is Weighted Deviation?
This weighted deviation is a sort of all linear weighted deviation. It uses linear weighting in all the steps calculated (which makes it different from the built in deviation in a case when linear weighted ma is used in the ma method). It is more responsive than the standard deviation

Included

• Bar coloring
  

Notas de prensa:

Fixed overlay UI