PROTECTED SOURCE SCRIPT
Updated Bolinger Band Analysis

Bollinger Band Analysis
- Objective - Use for entry action filter
- Description - Bollinger Band Analysis Indicator is the introduction of value between basis moving average with standard deviation value
- Applications - The principle of Bollinger Band Analysis Indicator is to use it as an order action filter when the value of the Bollinger Band under moving average by itself.
- Recommendation - Bollinger Band Analysis should be used in conjunction with indicators used to filter trend. for example supertrend, parabolic sar
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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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.