Exponential Deviation Bands

Modified on 2019/05/30 10:50 by Eugene — Categorized as: TASCIndicators

Syntax

public ExpDevBandUpper(DataSeries ds, int period, double deviations, bool useEMA, string description)
public static ExpDevBandUpper Series(DataSeries ds, int period, double deviations, bool useEMA)

public ExpDevBandLower(DataSeries ds, int period, double deviations, bool useEMA, string description)
public static ExpDevBandLower Series(DataSeries ds, int period, double deviations, bool useEMA)

Parameter Description

ds	Price series
period	Indicator calculation period
deviations	Number of standard deviations
useEMA	Uses SMA if unchecked, or EMA if checked

Description

These bands are very close in interpretation to other bands based on standard deviation like BBandUpper and BBandLower. On what's different see ExpDev.

Example

Please refer to July 2019 Traders' Tip article's code.