Indicator reference › GU_Bands
GU Bands
Custom What it measures
A volatility-based envelope that measures the range around mid-price values to define inner and outer levels. Available in Long Term mode only.
How readings are interpreted
The midline is the mean-reversion anchor. The inner levels define the normal range — price outside them is extended. The outer levels mark extremes where a pause or reversal toward the midline is likely.
Conventional levels
- Price at the inner level: extended relative to the midline
- Price at outer level: extreme — high reversal probability
- Price crossing midline: short-term directional shift
Commonly read alongside
- RSI: Outer level touch + RSI extreme = strongest reversal setup
- Supertrend: use for trend direction; GU Bands for entry timing within that trend
In practice
- In mean-reversion approaches, price at an outer level with RSI at an extreme is read as stretched, with the midline as the reference target
- In a strong trend price can walk the outer level for extended periods, so a confirmed reversal candle is conventionally required before treating it as exhaustion
Plot it yourself. Add this indicator to a chart, change every
parameter and watch the line move, then backtest how the rule would have
behaved on historical data — free on the S&P 500 ETF, no card.
Create a free account or start with the lessons → This is reference material, not advice. It describes what each
indicator measures and how its readings are conventionally interpreted. Nothing
here is a recommendation to buy or sell anything, and no indicator predicts
future prices. GU Analyser is an analytical tool — no money is ever traded here.