ALMA stdev band with fibs — Indicator by BobBasic

bandsandchannels movingaverage alma stdev

Arnaud Legoux Moving Average with standard deviation band and standard deviation Fibonacci levels.
Standard deviation band is alma + stdev and alma - stdev.
Fibonacci levels are alma + stdev * fib ratio and alma - stdev * fib ratio (0.382 / 0.5 / 0.618 / 1.618 / 2.618).
Used like a moving average, but also shows probable price range based on past volatility, and helps to recognize support/resistance levels, trends and trend momentum based on the Fibonacci levels.

Open-source script

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