prime_bands

Syntax Format

prime_bands(series)

Overview

The prime_bands function provides the lower_prime(series), upper_prime(series) values for the given series type. The prime_bands is usually used to build support and resistance levels on the current asset to spot overbought and oversold states of an asset, as well as potential reversal points.

Parameters

Parameter	Type	Purpose
series	series	Input series, taken into calculation

Returns: series.

Example

pb_value = prime_bands(close)