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It’s a simple but useful tool for creating a grid based on bollinger bands.
Only 2 parameters can be set:
1) “Period” – the period of all visible Bollinger Bands (i.e. 4) and 1 Moving Average (axis of all Bollinger Bands),
2) “Deviations Distance” – the distance between Bollinger Bands.
Naturally, the colors of all 9 lines can be changed as desired.
It works with everything that is available in your Market Watch.
Good luck!
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