Bollinger Index Indicator

 

This indicator plots the location of price in relation to Bollinger Bands - it allows you to trade the Bollinger Bands in a more mechanical way.

Interpretation

Readings above 1 are considered OverBought (Short)

Readings below 0 are considered OverSold (Long)

Download here:

Click here to download

Great trading!

Files:
 

Thanks for share... btw,how's the logic ?

is it unlimited version or trial ?

 

As requested, the indicator is hereby attached.

It is completely free version.

Files:
 

thanks

 

wow..thanks for sharing !!

always use this bollinger bands..

now can come out with advance skill !! yeahh

 
MechXTrader:
This indicator plots the location of price in relation to Bollinger Bands - it allows you to trade the Bollinger Bands in a more mechanical way. Interpretation Readings above 1 are considered OverBought (Short) Readings below 0 are considered OverSold (Long) Download here: Click here to download Great trading!

Good to know about this indicator it is handy for high conformation whether to buy or sell am in the right track

please do enlighten me thanks

in case if am wrong i am waiting to get corrected.

thanks for you post

regards

vasa.

 

explain me how this indicator works?

Reason: