OPEN-SOURCE SCRIPT
Cosmic Bands
Updated
4 Bollinger Band channels with StdDev mult values of 1, 2, 4, and 4.5 (the last value can be changed in the indicator's settings).
Often shows better correlation with the log setting on.
Often shows better correlation with the log setting on.
Release Notes
- added another support and resistance line pair (BB mult value of 3)
- changed BB mult value 4 line rendering from fill to plot
- updated colors for better readability
Release Notes
- upgraded to version 5
- added support level cutoff for better viewability
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 publication is governed by House rules. You can favorite it to use it on a chart.
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🚩 Disclaimer: the information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors
👀 Watch on TikTok: shorturl.at/gzAPW
🚩 Disclaimer: the information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors
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.