Monday, April 2, 2018



Indicator displays on the chart Bollinger bands constructed on the basis of the mean-square moving average lines. The screenshots show a standard display (monochrome line) and SqrtBands LED (red and yellow lines) on one and the same time interval. When not very meticulous inspection shows that the second indicator strip located much closer to the low and clearly show its movement.

Item display

  • SqrtPeriod - period rms line and standard deviation.

  • SqrtDev - factor standard deviation

  • SqrtPrice - price type used (drop down list)

  • BarsCount - number of processed bars (reduces loading time when you install and use the chart in the programs).


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