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High-Low Difference Channels - SMA/EMA

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I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice.

Description / Usage:
  • Adjust length and multiplier much the same way you would expect with Bollinger Bands.
  • Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA)
  • The outer channels are increments of the base channels width, away from the median hl2 sourced SMA (..or EMA)
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New revision here, with more MA options than you can shake a stick at:
High-Low Difference Channels r2
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Final revision done.

Added (optional) select-able fixed resolutions, so you can have 1 hour bands on your 1 minute chart if you do so feel inclined.

Otherwise just some minor code cleaning and proper commenting:
High-Low MA Difference Channels [Final]

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.