OPEN-SOURCE SCRIPT
Updated

Vortex Bands

A slighty modified version of Better Bollinger Bands. The idea of the experiment was to do a thing like the well-known Vortex Indicator, but an overlay:
snapshot

Obvious trading rules are:
  • go Long when the blue line is above other two
  • go Short when the orange line is above other two
  • stop when price crosses the basis line


The tool is EXPERIMENTAL. Good luck!
Release Notes
  • Fix bar coloring

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