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good old days (of daily charts w/Metastock daily data)
They should probably be used on a daily charts They were invented for daily charts after all
good old days (of daily charts w/Metastock daily data)
Now everybody is in a hurry - tickt trading and HFT
No trading any more
Any idea how to code deviation bands as below? @Akif Tokuz @akifusenet or at least how to calculate.
MIDAS/AC Normal Deviation Bands
Developed by Andrew Coles, PhD, the indicator is a significant improvement over the MIDAS Standard Deviation Bands in so far as it avoids the rapid and excessive fanning problem associated with the indicator. Consequently, it can be anchored correctly to trends while its improved fitting methodology also allows it to be fit to larger trend pullbacks.