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Indicators: Historical Volatility Bands - High/Low

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Historical Volatility Bands - High/Low:

Historical Volatility bands that are constructed using:

  • Average as the middle line.
  • Upper and lower bands using the Historical Volatility high/low (instead of "regular" Historical Volatility) for bands calculation.

Color of the middle line, unlike the bands colors, has 3 colors. When colors of the bands are the same, then the middle line is having the same color, otherwise it is having a neutral color.

Author: Mladen Rakic

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