PROTECTED SOURCE SCRIPT
Actualizado SHWR Bands

"SHWR Bands" are designed for multiple types of traders such as scalpers, knife catching degenerates, swing traders, etc.
The midline is based off of an Event Anchored VWAP ("eVWAP"?) instead of a periodic or period based one because that just doesn't make sense to me for a 24/7 market.
The bands aren't regular stdevs, they're devs based off of something else besides the "eVWAP" and are mathed against another math.
A lot of different ways to play this indicator such as ping ponging between the first two bands and the midline, knife catching trend reversals with the outer bands, confluence for swing traders if price is at a resistant/support and is within one of the middle bands, etc
Useful for all timeframes in different ways.
I've butchered all those explanations but I hope you enjoy and use it anyways.
The midline is based off of an Event Anchored VWAP ("eVWAP"?) instead of a periodic or period based one because that just doesn't make sense to me for a 24/7 market.
The bands aren't regular stdevs, they're devs based off of something else besides the "eVWAP" and are mathed against another math.
A lot of different ways to play this indicator such as ping ponging between the first two bands and the midline, knife catching trend reversals with the outer bands, confluence for swing traders if price is at a resistant/support and is within one of the middle bands, etc
Useful for all timeframes in different ways.
I've butchered all those explanations but I hope you enjoy and use it anyways.
Notas de prensa
Updated the math on the bands. Better results now for higher timeframes and better "Tunnels" overallNotas de prensa
Screw it. Original version is betterScript protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.