Foxy's Acceleration Bands
Foxy's Acceleration Bands is a dynamic technical indicator designed to help traders identify potential support and resistance levels using logarithmic regression and adaptable moving averages. By plotting bands around price movements, this indicator offers insights into potential zones where price acceleration, resistance, and support might occur.
How to Use:
Apply the "Foxy's Acceleration Bands" indicator to your TradingView chart.
Customize the indicator parameters as per your requirements:
factor: Adjust the sensitivity of the bands.
length: Set the length for moving averages and regression calculations.
mult: Modify the multiplier for upper bands.
Show Middle Bands: Toggle the display of middle bands.
Show Upper Bands: Toggle the display of upper bands.
Band MA Type: Choose the moving average type for the bands.
Middle MA Type: Select the moving average type for the central band.
Draw Prediction: Enable prediction lines for potential future price trends.
Prediction Slope Type: Choose between a fixed or dynamic slope length for prediction lines.
Fixed Slope Length: Set the slope length for prediction lines (if enabled).
Interpretation:
Upper Bands: The red upper bands indicate potential resistance zones where price acceleration might occur.
Middle Bands: The orange central band provides insights into the prevailing price trend.
Lower Bands: The green lower bands suggest potential support zones where price deceleration might happen.
Prediction Lines: If enabled, dotted lines visualize potential future price trends based on historical data.
Important Note: Foxy's Acceleration Bands is designed to assist traders in identifying potential support and resistance zones. Always complement its insights with other analysis techniques and prudent risk management strategies.
How to Use:
Apply the "Foxy's Acceleration Bands" indicator to your TradingView chart.
Customize the indicator parameters as per your requirements:
factor: Adjust the sensitivity of the bands.
length: Set the length for moving averages and regression calculations.
mult: Modify the multiplier for upper bands.
Show Middle Bands: Toggle the display of middle bands.
Show Upper Bands: Toggle the display of upper bands.
Band MA Type: Choose the moving average type for the bands.
Middle MA Type: Select the moving average type for the central band.
Draw Prediction: Enable prediction lines for potential future price trends.
Prediction Slope Type: Choose between a fixed or dynamic slope length for prediction lines.
Fixed Slope Length: Set the slope length for prediction lines (if enabled).
Interpretation:
Upper Bands: The red upper bands indicate potential resistance zones where price acceleration might occur.
Middle Bands: The orange central band provides insights into the prevailing price trend.
Lower Bands: The green lower bands suggest potential support zones where price deceleration might happen.
Prediction Lines: If enabled, dotted lines visualize potential future price trends based on historical data.
Important Note: Foxy's Acceleration Bands is designed to assist traders in identifying potential support and resistance zones. Always complement its insights with other analysis techniques and prudent risk management strategies.
Release Notes:
Update Default MA and Some Parameters
Release Notes:
Add Volume Average For Smoothing
Release Notes:
Add Volume Paramter and Tweak Default Parameters
Release Notes:
Clean-up & Refactor & Better Functionality
Release Notes:
Add Volume Smoothing
Release Notes:
Update Default Parameter
Release Notes:
Add Adaptive MA
Release Notes:
Fix Bug
Release Notes:
Fix Major bug
Release Notes:
Revert Last Fix (Doesn't Work Properly)
Release Notes:
Add Super Fast Band
Release Notes:
Fix Default Parameter
Release Notes:
Add Auto-Length
Release Notes:
Fix Length Selector
Release Notes:
Fix Adaptive MA
Release Notes:
Fix Default Timeframes Length
Release Notes:
Fix Auto Timeframes
Release Notes:
Fix Length Selector Value
Release Notes:
Fix Log Issue
Release Notes:
Fix typo
Release Notes:
Fix Log Issue #2
Release Notes:
Comment the un-needed function