The indicator draws a Moving Average, as well as bullish and bearish areas built using Bollinger Bands calculated based on this Moving Average.
It has five input parameters:
- Period of MA calculation – MA calculation period;
- Method of MA calculation – MA calculation method;
- Applied price of MA – price used for the MA calculation;
- Period of BB calculation – Bollinger Bands calculation period;
- Deviation of BB – Bollinger Bands deviation.
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