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Indicators

Weighted deviation bands - indicator for MetaTrader 4

Mladen Rakic
Views:
14185
Rating:
(27)
Published:
2023.03.06 21:03
Download as ZIP, How to download code from MetaEditor
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Variation of the Bollinger bands but it uses linear weighted average and weighted deviation (see the description of weighted deviation here : Weighted deviation )


Recommendations:
  • Use it as any Bollinger type indicator


Weighted deviation Weighted deviation

Weighted deviation - metatrader 4 version

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