Bollinger Prophecy

Bollinger Prophecy is a multicurrency trending tool for technical analysis of financial markets.

Draws 3 lines on the chart that show the current price deviations of the currency pair.

The indicator is calculated based on the standard deviation from a simple moving average.

The parameters for the calculation are the standard double deviation and the period of the moving average, which depends on the settings of the trader himself.

A trading signal is considered when the price exits the trading channel.

At the moment, the indicator is drawing a blue or red arrow.

A blue up arrow means a buy signal, and a red down arrow means a sell signal.


Options:

  • Period of average line calculation - Indicator period;
  • Number of standart deviations - Changing the distance of the side lines of the indicator from the central one;
  • Vertical graphic shift of signals - Visual shift of arrows away from the indicator lines;
  • Type of price - The type of price for the indicator.


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The indicator displays points showing a symbol trend. Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals. I recommend using the indicator in conjunction with others. Timeframe: M30 and higher. Simple strategy: Buy if there are two blue points on the chart. Sell if there are two red points on the chart. Parameters Trend points period - The main period of the indicator; True range period - The auxiliary period of the indicator; Points calculation method - Calculation m
Trend indicator. Displays a two-colored line on the chart, which shows the market direction. The blue color shows the uptrend. The red, respectively, shows the downtrend. It is recommended to use on charts with the M30 timeframe or higher. Simple strategy: When the line changes its color to blue, buy. When it changes to red, sell. Parameters Trend Uncover period - period of the indicator;
This is a trend-following indicator that is most efficient in long-term trading. It does not require deep knowledge to be applied in trading activity. It features a single input parameter for more ease of use. The indicator displays lines and dots, as well as signals informing a trader of the beginning of a bullish or bearish trend. Parameter Indicator_Period - indicator period (the greater, the more long-term the signals).
Trend indicator, draws 2 bars of different colors on the chart. A change of one lane to another signals a market reversal in the opposite direction. The indicator also places on the chart 3 parallel dashed lines High, Middle, Low line which show respectively the top, middle, bottom of the forming reversal. Parameters Depth - Depth of indicator calculation, the higher the parameter, the longer-term signals; Deviation - Deviation of the indicator during drawing; Backstep - The intensity of the d
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Lukasz Zabludowski
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Lukasz Zabludowski 2022.07.10 10:58 
 

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