Description:
If you're a trader looking to enhance your analysis, the Bollinger MA Price indicator is a game changer. Unlike the standard Bollinger Bands®, this version is more flexible with its input parameters. It lets you choose from various moving averages and the usual range of applied prices. Plus, it calculates the upper and lower bands with precision, allowing for a double value in deviation.
This tool is based on the Bollinger Bands, BB template, and multiple versions of the Bollinger MA Price indicator are available for those who know their preferred moving average and price type.
Input Parameters:
MA_method:
- 0 - Simple Moving Average
- 1 - Exponential Moving Average
- 2 - Smoothed Moving Average
- 3 - Linear Weighted Moving Average
Applied_price:
- 0 - Close Price
- 1 - Open Price
- 2 - High Price
- 3 - Low Price
- 4 - Median Price
- 5 - Typical Price
- 6 - Weighted Close Price
Bollinger MA Price Indicator
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