Super Signal - Bollinger Bands

Bollinger Bands are price channels, or bands, that are plotted above and below price. The outer Bollinger Bands are based on price volatility, which means that they expand when the price fluctuates and trends strongly, and the Bands contract during sideways consolidations and low momentum trends. By using a combination of several indicators, we try to predict the direction of a large price movement when the Bands are compressed and the market is in a consolidation period.

To use the indicator:

Go long on the green arrows.
Go short on the red arrows.

The blue circles give a clear indication of when a trend has ended.

Notes de version

Slight adjustments to the algorithm have been made to improve signals.

Notes de version

Slight adjustments to improve signals

Script protégé

Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.

garthvs

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Script protégé

Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.

garthvs