Indicators: Quantile bands

Quantile bands:

Quantile bands.

Author: Mladen Rakic

Hi,

how you calculate the upper and lower band?

thanks‌

ericholzer:

Hi,

how you calculate the upper and lower band?

thanks‌

‌if you use the default parameters then :

  • The upper band is 90% quantile
  • ‌The lower band is 10% quantile

sorry to make a request, is it possible to have a macd quantile band ex4 that look like this indicator that can overlay on the chart?