High Low Bands Indicator Trading Strategy, Formula

In High Low Bands Indicator or HLB, there are two bands surrounding the underlying’s price and its generated from the triangular moving averages calculated from the underlying’s price. In this indicator, the triangular moving average is, in turn, shifted up and down by a fixed percentage. Mainly concept of HLB is based on the triangular … Continue reading “High Low Bands Indicator Trading Strategy, Formula”