Gaussian Bands

Gaussian Bands

This indicator calculated the StDev of a specified period and calculates the upper and lower channel bonds.

It works nearly the same as the original Bollinger band, but with the following features:

  • Gaussian Filtration for centerline;
  • Gaussian Filtration for stDev;
  • StDev and centerline periods can be different. (You can add a 200bar average stDev to a 10 bar filtering);
  • 2 different settings for 2 different bands.
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