Adding N-Bar Upper and Lower Borders to the VIDYA Indicator

Summary

This brief indicator description adds upper and lower levels to the iVIDYA, or Variable Index Dynamic Average. The distance of the borders is determined over an N-bar window, creating levels around the adaptive average that can be used to interpret price movement.

The description says to read signals by analogy with Bollinger Bands, implying that price interaction with the borders can serve as an indicator signal. It does not specify the border formula, parameter choices, entry or exit rules, or any tested results. Traders would need those details before evaluating the indicator’s behavior or using it in a strategy.

Key ideas

• The indicator adds upper and lower levels around the Variable Index Dynamic Average.
• The border size is based on a selected N-bar interval.
• Signals are intended to be interpreted similarly to Bollinger Band signals.
• The description does not provide a calculation formula, trading rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.