Bollinger Bands Speed mp
- Indicators
- Version: 2.37
- Activations: 10
Crypto_Forex Indicator "Bollinger Bands Speed" for MT4, No Repaint.
Speed of Bollinger Bands - is a unique trend indicator.
- - The calculation of this indicator is based on equations from physics.
- - Speed is the 1st derivative of standard Bollinger Bands.
- - Bollinger Bands speed indicator shows how fast BB middle line and BB borders change their directions.
- - By default: Blue line is the speed of BB middle line, Red line - speed of bottom border, Green one - speed of top border.
- - It is recommended to use BB Speed in trend strategies, if speed of BB middle line value is < 0: trend goes down, and if value is > 0: trend goes up.
- - You can consider following trading entries:
- - Open Buy trade when blue line is above 0 and green line crosses blue one upward.
- - Open Sell trade when blue line is below 0 and red line crosses blue one downward.
- - Indicator has built-in Mobile and PC alerts.
This is original product which is offered only on this MQL5 website.
