I have tried and tried to get a bands indicator using smma but despite all my efforts I have failed.
I thought it should be really easy - but not being a coder does not help!
Could anyone please adapt this indicator to smma base please?
Many thanks
TEAMTRADER
PS - it is my birthday today so my fingers are crossed for a great birthday present........

TEAMTRADER wrote: Thu Apr 13, 2023 4:02 am I have tried and tried to get a bands indicator using smma but despite all my efforts I have failed.
I thought it should be really easy - but not being a coder does not help!
Could anyone please adapt this indicator to smma base please?
Many thanks
TEAMTRADER
PS - it is my birthday today so my fingers are crossed for a great birthday present........

Try, and Happy Birthday!

Chickenspicy wrote: Wed Apr 12, 2023 12:01 pm may mrtools or kvak please make a mtf version please?
so we can see if the current channel is following the first or second higher timeframe please ! thank you this one is probaly the best price action indicator in existence

Auto Standard Deviation Channel with Multi-timeframe MTF

Mtf added.

Some information to recap.

What are Standard Deviation Channels?

Traditionally, the Standard Deviation Channel (SDC) is a manually drawn overlay that shows Standard Deviations above and below the linear regression line. This is related to the Linear Regression Study.

Technical analysts can adjust the input (Close), number of regression bars, number of future bars, and standard deviation factor depending on their preference.
As a guide, the default setting used in the Bollinger Bands is a 2.0 Standard Deviation. This setting is best used for entering trends (not counter-trend trading)!

Adjusting the multipliers to a larger setting ie. 3.0 in the Bollinger Bands and the Standard Deviation channel enables traders to use these indicators for counter-trend trading & entering extremely strong trends.

PS: For a version with three levels, please see: Three-level Auto Standard Deviation Channels by Kvak.

mrtools wrote: Thu Apr 13, 2023 5:50 am Mtf added.

mrtools wrote: Thu Apr 13, 2023 5:31 am Try, and Happy Birthday!

WONDERFUL - many thanks. I am officially an old man today!!
This completes my templates.
TEAMTRADER

TEAMTRADER wrote: Thu Apr 13, 2023 7:40 am WONDERFUL - many thanks. I am officially an old man today!!
This completes my templates.
TEAMTRADER

lol its been missing for too long

TEAMTRADER wrote: Thu Apr 13, 2023 4:02 am I have tried and tried to get a bands indicator using smma but despite all my efforts I have failed.
I thought it should be really easy - but not being a coder does not help!
Could anyone please adapt this indicator to smma base please?
Many thanks
TEAMTRADER
PS - it is my birthday today so my fingers are crossed for a great birthday present........

Congratulations!! many years of life, success, happiness and of course many pips/positive points in your account!!

mrtools wrote: Thu Apr 13, 2023 5:50 am Auto Standard Deviation Channel with Multi-timeframe MTF

TEAMTRADER wrote: Thu Apr 13, 2023 7:40 am WONDERFUL - many thanks. I am officially an old man today!!
This completes my templates.
TEAMTRADER

Good indicator for newbie traders & drawing trend channels......... this is all you need to be frank

Thank you mrtools & happy birthday TEAMTRADER your ideas rock!!!!

Jedidiah wrote: Thu Apr 13, 2023 11:51 pm Dear Mr. Tools,
please add a button if you find it easy.
Thanks for all your mods, buttons, shares.
Thanks for your Generosity, Time, Efforts.

Button added, works on everything except the comments.