OPEN-SOURCE SCRIPT
Updated

Bollinger Bands %B using HMA

1 478
The built-in Bollinger Band %b script modified to use the Hull Moving Average as the basis.

Hull Moving Averages have much less lag than a regular moving average.

Do not assume that regular BB interpretation rules apply to this.

This is an experimental indicator at this time.
Release Notes
Corrected to use the HMA as the source of the standard deviation calc instead of the close.

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