Atlas Mini - Blai5
Atlas Mini - Indicator created by Blai5: Calculated mathematically significant narrowings of bollinger bands.
Prelude to sudden UPWARD or DOWNWARD movements.
Ps- It loads the devil...hehe ;)
Prelude to sudden UPWARD or DOWNWARD movements.
Ps- It loads the devil...hehe ;)
study(title="Atlas Mini") source = close length = input(20, minval=1), mult = input(2.0, minval=0.001, maxval=50) basis = sma(source, length) dev = mult * stdev(source, length) upper = basis + dev lower = basis - dev dbb = sqrt(upper - lower)/upper * 20 dbbmed = ema(dbb , 120) factor = dbbmed * 4/5 atl = dbb - factor al1 = iff(atl > 0, 0,atl) plot(al1, style=columns, color=blue)