AWB - Alma Weird Bands [SilentShiller] — Indicator by SilentShiller

trendanalysis movingaverage arnaudlegoux alma bitcoin

A simple experiment that using Arnaud Legoux Moving Average tries to help visualize an extended trend and its reversal. You can play with:

Alma length
Alma offset (needs sigma not to be 0)
Alma sigma

I hope you find it useful. Feel free to modify it and let me know to test your scripts!

Release Notes:

Basis enhancement

Release Notes:

Modify colors

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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