5 Bands show 5 signals. the lines are simply to show the bands.
Band5 at top is slowest reacting, Band1 is quickest.
See band current color, green = bullish.
Disclaimer:Not trading advice. For education only.
Band5 at top is slowest reacting, Band1 is quickest.
See band current color, green = bullish.
Disclaimer:Not trading advice. For education only.
Note
additionally, this info can be used to determine how much to be investedi.e.
if Band1 bullish, this represents x% invested
if Band2 bullish, represents x% invested
Band3, etc
Band4, etc
Band5, etc
Note
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.
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.