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Date/Time: Fri, 29 Mar 2024 07:27:25 +0000



Post From: Interquartile Range Bands

[2019-03-09 18:52:24]
jakesans - Posts: 50
Hi Ackin,

Wow this is very nice with many additional features that I wasn't expecting. Thanks so very much!

Suggestion: If you get around to it, can you add the median line (aka quartile 2 or 50 precentile) as a plotted line between the bands. So assuming the bands are fitted properly on the chart, if price moves back inside the bands from outside, it will at least hit the median line nearly 90% of the time. The median line is a good initial target to remove a portion of the trade risk and book some profit.