Syntax
Public Function HighLowBands(chart_ID As Long, period As Integer) As StringDescription
High Low Bands consist of triangular moving averages calculated from the underling price, shifted up and down by a fixed percentage, and include a median value.
When prices raise above the upper band or fall below the lower band, a change in direction may occur when the price penetrates the band after a small reversalfrom the opposite direction.
Parameters
| Key | Description |
| chart_ID | Chart identifier, 0 is the current chart ,value of type Long |
| period | The calculation period, on which the indicator will be calculated, value of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (HighLowbands(0,14)) 'Draws the indicator on chart and shows a message box with the indicator name.End SubSee Also