Knowledgebase
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HighLowBands
Posted by Mohammad Rahhal on 04 April 2012 04:47 PM
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Syntax
High Low Bands consist of triangular moving averages calculated from the underling price, shifted up and down by a fixed percentage, and include a median value. When prices raises above the upper band or fall below the lower band, a change in direction may occur when the price penetrates the band after a small reversal from the opposite direction. Parameters
Return value Returns the handles of a technical indicator, in case of failure returns an empty string. See Also | ||||||
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