OPEN-SOURCE SCRIPT
Consolidation Channels + MMA
This indicator has 2 components
1. Channel/Bands - the base average is created using the average price of the lookback period with and outer bands uses a % multiplier in either direction.
2. Mean Moving Average - Created with a similar calculation to the above, using the abs mean of each candle
1. Channel/Bands - the base average is created using the average price of the lookback period with and outer bands uses a % multiplier in either direction.
2. Mean Moving Average - Created with a similar calculation to the above, using the abs mean of each candle
开源脚本
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