PROTECTED SOURCE SCRIPT

OverEXTENSION - JBM

1 607
It is an indicator that measures the volatility of the market and adapts to price changes through the narrowness of its bands, its main use stands out in the contention of price within the bands.
It is based on the calculation of the standard deviation of the price, it allows to identify when the price has gone too far from its average price range and alerts of a probable market correction.
It is recommended to use in conjunction with oscillators that measure overbought and oversold for a better interpretation.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.