Maksym Mudrakov
2016.08.31 18:51
#
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The indicator displays the Bollinger bands on the chart, plotted based on the root-mean-square moving average of the lines. The screenshots show the standard indicator (monochrome lines) and the SqrtBands indicator (red and yellow lines) on the same time interval. It can be easily seen that the bands of the second indicator are located much closer to the price and show its movement more accurately.
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