Chad's idea of using this indicator in its steps mode to "divvy" up the day's likely range into segments is quite useful but the problem I find with it is the presentation of the lines cannot really be customised and you can end up with a plethora of lines all over your chart that extend back many days.

I think it would be really useful and visually cleaner to have an option to limit the lines to the current day (or session) and perhaps have the lines as compact lines only appearing in the right hand margin or even having no lines and just having labels on the price axis.

To expand on this further, if you have drawn your own potential support and resistance lines on the chart you can struggle to differentiate between your support/resistance lines and the steps lines automated by the bands indicator.

Thanks for considering this