Momentum Deviation Bands uses a variation of standard deviation. Instead of using price to calculate standard deviation, this uses momentum. This is another type of volatility that will be used in future indicators. This indicator serves more as an educational tool, but can also be used in trading.
You can read about the included moving averages here:
![Moving Average Filters Add-on w/ Expanded Source Types [Loxx]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
Included
You can read about the included moving averages here:
![Moving Average Filters Add-on w/ Expanded Source Types [Loxx]](https://s3.tradingview.com/x/x6otWKAc_big.png)
Included
- Bar coloring
Versionshinweise:
Sped up HA calculations.
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