OPEN-SOURCE SCRIPT

Multi-Timeframe Dual KAMA + Bands [DW]

Updated
This study is an experimental variation of Bollinger Bands using the Kaufman Adaptive Moving Average (KAMA) as the baseline.

Includes an additional trailing KAMA series for a supplementary view of average price activity.
Release Notes
Updates:
Script was showing SMA values rather than KAMA values. Now it reflects actual KAMA values.
Fixed Color Scheme on slow KAMA field for simpler trend visualization.
Included an adjustable standard deviation input.
Added custom bar colors with two methods to choose from.
multitimeframeTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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