Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Period | 20 | 1 to 500 |
| Width multiplier | 1 | 0 to 100 |
What it plots
Drawn on the price chart, on the same scale as the candles.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Center | Price | Line | after 3 candles |
| Upper band | Price | Line | after 22 candles |
| Lower band | Price | Line | after 22 candles |
Calculation notes
- Center is Ultimate Smoother of closes. Width is multiplier x RMS of the last N close-minus-center residuals, without removing their mean. Default N 20 and multiplier 1; the first band needs 22 valid closes. Missing data restarts preparation.
Questions
What are the default settings of Ultimate Bands?
The defaults are Period: 20, Width multiplier: 1. You can change every setting on the live chart.
Can I use Ultimate Bands for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.