Bollinger Levels
Description
It allows bollinger band levels in 1D/2D/3D/4D/5D/6D/1W/8D/9D/10D/11D/12D/13D/2W/3W/1M time frames to be displayed on a single chart. Thus, it gives an idea about how much the price can rise or fall.
Usage
The place where the lower bollinger levels tighten should be considered as a strong support and where the upper bollinger levels tighten, it should be considered as a strong resistance zone.
Especially 1D, 3D and 1W levels serve as a nice response level.
It allows bollinger band levels in 1D/2D/3D/4D/5D/6D/1W/8D/9D/10D/11D/12D/13D/2W/3W/1M time frames to be displayed on a single chart. Thus, it gives an idea about how much the price can rise or fall.
- Red Levels: Shows the upper bollinger band levels passing the relevant level according to the specified time periods.
- Gray Levels: Shows the middle Bollinger band levels passing through the relevant level according to the specified time periods.
- Blue Levels: Shows the lower bollinger band levels passing the relevant level according to the specified time periods.
Usage
The place where the lower bollinger levels tighten should be considered as a strong support and where the upper bollinger levels tighten, it should be considered as a strong resistance zone.
Especially 1D, 3D and 1W levels serve as a nice response level.
版本注释:
The situation that caused bollinger band levels to differ from non-standard candlestick charts has been adjusted.
版本注释:
Added a set of settings that allow levels to be turned on and off.
版本注释:
Rounding display of decimal prices has been adjusted. Numbers with higher decimal values are now rounded correctly.
版本注释:
Text and line spacing has been updated to ensure a clearer understanding of the levels.
版本注释:
- Title information has been changed for clarity.
版本注释:
- Color editing feature has been added to make the texts more understandable, independent of the lines.