Bollinger Band Alert Super Buy Sell Zone
The buy-sell zone is clearly displayed on the indicator
The important features when trading with Bollinger Band you need to master:
- - The price going out of the band will turn around
- - The center line is a very strong trend line
- - The "bottleneck" effect occurs during the sideways course
- - Turn signals in the pattern "M" and letter "W"
- - The two band lines and the midline are resistance and support
- - Price fluctuations always tend to be in 2 band lines
- - Other properties such as: band-holding price, near-band candlestick pattern ...
The Bollinger Bands indicator is very well known by traders. Is one of the indicators always available in the MetaTrader 4 platform, however, there is an issue. MetaTrader 4/5 doesn't have any function to alert the trader about a breakout. This is why we created the Bollinger Bands Breakout Alert Indicator for MT4/MT5.
This indicator is like a plain Bollinger Bands indicator but including a notification system. You can be alerted via alert on screen, email, and mobile app if there is a breakout of the Bollinger Bands.
The Bollinger Bands Alert Indicator can notify you in case of a price break out or when the price returns in the bands after a breakout.
The only parameters to set are the basic settings for the Bollinger Bands and how you would like to be notified. The notification happens only once per candle in case the breakout happens.