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Published on Nov 10, 2014
The Open-High-Low-Close Candlestick Plot Statlet plot security prices with smoothed values and trading bands. It includes MA and EWMA smoothers, and plots bands using either a fixed percentage of the smooth or Bollinger’s method. The Statlet also calculates buy-sell indices based on the bandwidth and %b statistics. E-mail alerts may be generated for large changes in the security prices or when prices move close to the trading bands.