Double Bollinger Bands - Customizable - 1 Visi Trader(OVERVIEW)
Double Bollinger Bands is a combination of signals provided by our Double Volatility Algorithms, specifically designed to capture Double Momentum: Continuation & Reversal by Standard Deviation. This strategy features 100% Non-Repaint signal preparation and signal entry. You can configure the values of the Double Bollinger Bands according to your preferences, allowing you to backtest this strategy objectively and more easily. Additionally, these signals can serve as the primary confirmator for your trading setups.
(FEATURES)
- Signal Mode Configuration = “Mode Breakout” & “Mode Reversal”
- Configuration of Bollinger Bands 1 Values (BB Length, Basis MA Type, Source & Standard Deviation)
- Configuration of Bollinger Bands 2 Values (BB Length, Basis MA Type, Source & Standard Deviation)
- Plot Double Bollinger Bands
- Plot Double Upper & Lower Bands
- Signal Preparation
- Signal Entry 100% Non-Repaint
- Customizable Arrow Signal
- Customizable Color Signal
- Multiple Timeframe Signal
- Special Alerts for Preparation & Signal Entry Positions
Doublebollingerband
Double Bollinger BandThe double bollinger band indicator uses a normal bollinger band with a multitude of 2 and on outer band with a multitude of 3. The indicator shows momentum by the price being stuck between the higher or lower bands. If price is in the middle then it is a neutral zone. The band's moving average is a default of 20 sma but included there are two extra simple moving averages just as extra indicators. This is my first published code and the code is messy; however, it gets the job done nice and simple. (:
Enjoy!
