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Bands

TradeChartist Ichimoku Trader ™TradeChartist Ichimoku Trader is an elegant and functional breakouts trading indicator that generates trade signals based on two types of breakouts - True Ichimoku Kumo Breakouts and Ichimoku Trade Bands Breakouts, which can be further filtered using ™TradeChartist MA Visualizer and/or using an external Filter. =================================================================================================================== ╔════════ 𝗖𝗹𝗼𝘂𝗱 𝗦𝗲𝘁𝘁𝗶𝗻𝗴𝘀 ═════════╗ Cloud Settings form the fundamental factor for this indicator to detect the breakouts. The settings for the Ichimoku Cloud is Automatic by default, but this can be changed based on the user preference from the settings under 𝐂𝐥𝐨𝐮𝐝 𝐓𝐲𝐩𝐞, which also includes a manual input option. Ichimoku traders can experiment different settings combinations under manual settings to suit their trading frequency and timeframe traded. Ichimoku Cloud with its components can be displayed or hidden by enabling/disabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐜𝐡𝐢𝐦𝐨𝐤𝐮 𝐂𝐥𝐨𝐮𝐝. Also, Sʜᴏᴡ Iᴄʜɪᴍᴏᴋᴜ Cʀᴏssᴇs from the Cloud Settings plots tiny crosses on chart. =================================================================================================================== ╔═════════ 𝗕𝗮𝗻𝗱𝘀 𝗦𝗲𝘁𝘁𝗶𝗻𝗴𝘀 ════════╗ Even though the Ichimoku Trade Bands are derived from the Cloud Parameters, the Bᴀɴᴅ Wɪᴅᴛʜ (0.236 - 1) and Lᴏᴏᴋʙᴀᴄᴋ (5 - 200) influences the sensitivity and the width of the bands, which has an effect on the risk and reward expected from Ichimoku Trade Bands Breakout trade. Trade Bands can be displayed or hidden by enabling/disabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐜𝐡𝐢𝐦𝐨𝐤𝐮 𝐓𝐫𝐚𝐝𝐞 𝐁𝐚𝐧𝐝𝐬. Also, the Bands mean line can be enabled or disabled using 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐓𝐫𝐚𝐝𝐞 𝐁𝐚𝐧𝐝𝐬 𝐌𝐞𝐚𝐧 𝐋𝐢𝐧𝐞 check box and its line width can be changed using Tʀᴀᴅᴇ Bᴀɴᴅs Mᴇᴀɴ Lɪɴᴇ Wɪᴅᴛʜ dropdown. =================================================================================================================== ╔═════════ 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 ═════════╗ MA Visualizer is a powerful and very useful original ™TradeChartist visual method to plot Moving Averages of the close price of the security for user specified look back period in a visually appealing style in the form of colour coded bands. MA Visualizer not only helps the trader spot the price action of the security relative to the moving average, but also paints a visual picture of the trend strength, which must be seen and used on chart to appreciate its elegance. One of 15 different types of Moving Averages can be used to visualize the price action. Activate 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 and choose the MA type from MA Vɪsᴜᴀʟɪᴢᴇʀ Tʏᴘᴇ dropdown and entering the lookback period in MA Vɪsᴜᴀʟɪᴢᴇʀ ᴘᴇʀɪᴏᴅ input box. MA Visualizer colour theme can be be changed from MA Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ dropdown. The faster of the two set of bands that form the MA Visualizer reacts to price action faster and can be clearly seen from its change of colour from Bull Colour to Bear Colour or viceversa earlier than the slower set of bands. The fill colour between the bands also helps the user stay in a trade or exit a trade based on other confirmators. =================================================================================================================== ╔═══════ 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗮𝗻𝗱 𝗙𝗶𝗹𝘁𝗲𝗿𝘀 ═══════╗ Signal Type True Ichimoku Kumo Breakout Ichimoku traders mostly use the Kumo breakouts for trading based on several Bullish and Bearish conditions. For the sake of effective trade entries, trade entry plots for specific cloud events like Kumo twists, Tenkan Sen crossing Kijun Sen, price crossing cloud components etc have been intentionally ignored as Ichimoku traders often tend to visually trade them effectively. Ichimoku Trade Bands Breakout In addition to the True Kumo Breakouts, users of this script will be able to trade Ichimoku Trade Bands Breakouts. Ichimoku Trade Bands is an original ™TradeChartist model designed to detect early trend changes based on the Ichimoku settings. These bands are comprised of three plots - an upper band, a lower band and a mean line, namely and all are derived from the Ichimoku settings. The bands act as a filter and a breakout from bands' extreme boundaries signals a change in trend. The settings of the bands can be derived automatically or using manual input based on Ichimoku Cloud parameters, accessed from the indicator settings. The Breakout Trade Entries can be further filtered by use of MA Visualizer or by using an external filter connected to the script. =================================================================================================================== ╔═════════ 𝗙𝗶𝗹𝘁𝗲𝗿 𝗦𝗲𝘁𝘁𝗶𝗻𝗴𝘀 ═════════╗ Filters are normally used to reduce noise in the Trade Entry Signals and they can be quite effective in helping the trader stay in trade and to minimize unproductive trade entries. Ichimoku Trader enables the user to use upto two trade filters - MA Visualizer and /or External Filter respectively. Moving Averages are very effective trade filters and if the right Moving Average is used with right lookback period based on trade type and timeframe traded, they can be very effective in filtering trades. Enabling 𝐔𝐬𝐞 𝐌𝐀 𝐕𝐢𝐬𝐮𝐚𝐥𝐢𝐳𝐞𝐫 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 filters breakouts only when MA Visualizer agrees with the trend (which can be visualized using the fill colour between the MA Visualizer plots. Enabling Fɪʟᴛᴇʀ Eᴀʀʟʏ Vɪsᴜᴀʟɪᴢᴇʀ Bʀᴇᴀᴋᴏᴜᴛs in addition filters breakouts even if price closed above the upper MA Visualizer plot without having to agree with fill colour. In addition to MA Visualizer Filter, and external filter like RSI, MACD etc. can also be used by connecting to Ichimoku Trader under ╔═══ 𝗣𝗹𝘂𝗴 𝗙𝗶𝗹𝘁𝗲𝗿 𝗵𝗲𝗿𝗲 ═══ 🔌 dropdown by enabling 𝐔𝐬𝐞 𝐄𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐅𝐢𝐥𝐭𝐞𝐫 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫. The external filter can be used as the only filter or in addition to MA Visualizer filter. To get the external filter to work, Sɪɢɴᴀʟ Tʏᴘᴇ must be set right. For plots that are not oscillatory like Moving Averages, Super Trend etc., choose type as Non Oscillatory and for Oscillators like RSI, CCI, MACD etc., choose type as Oscillatory . For Oscillators, levels must be specified for Fɪʟᴛᴇʀ Lᴇᴠᴇʟ ғᴏʀ ʟᴏɴɢs and Fɪʟᴛᴇʀ Lᴇᴠᴇʟ ғᴏʀ sʜᴏʀᴛs , especially if the Oscillator doesnt have 0 as mid line, like RSI. Even for 0 mid oscillators like CCI, filter levels like 100/-100 work effectively to filter noise. Use 𝐓𝐫𝐚𝐝𝐞 𝐙𝐨𝐧𝐞𝐬 𝐁𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝 𝐅𝐢𝐥𝐥 under 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 to paint the trade zones background. It helps visually see the effect of filters on the breakout entries and also the trade performance. =================================================================================================================== ╔═════════ 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 ═════════╗ Ichimoku Trader also includes the following useful extras 𝐓𝐫𝐚𝐝𝐞 𝐙𝐨𝐧𝐞𝐬 𝐁𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝 𝐅𝐢𝐥𝐥 paints the trade zones in green and red as mentioned above. Sʜᴏᴡ Hɪɢʜs ᴀɴᴅ Lᴏᴡs plots the highest highs of the Bull Zone and the lowest lows of the Bear Zone to help spot the wicks, support and resistance. Tᴀᴋᴇ Pʀᴏғɪᴛ Bᴀʀs helps detect the volatility exhaustion prices and plots $ signs to help the trader take profits or move stop loss levels to secure gains or to reduce losses. Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Bᴀʀs paints the price bars with trend intensity and the user can opt from one of two themes under Bᴀʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ (Chilli and Flame). The bar colors can be inverted by enabling Iɴᴠᴇʀᴛ Bᴀʀ Cᴏʟᴏʀs to see reverse bias with respect to the current trade direction. =================================================================================================================== ╔═════════ 𝗔𝗹𝗲𝗿𝘁𝘀 ═════════╗ Alerts can be created for Long and Short entries by using Once Per Bar Close as Alert Frequency. Entries are generated on Real time bars based on Breakout and filter conditions. It is recommended to wait for bar close before taking a position based on Ichimoku Trader Trade Entries. The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about signals disappearing. ™TradeChartist Ichimoku Trader 𝗧𝗿𝗲𝗻𝗱 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿 can also be connected to ™TradeChartist Plug and Trade to generate entries along with Targets, Stop Loss plots etc. Target and Stop Loss alerts can be created using Plug and Trade's Alerts system. =================================================================================================================== There are several combinations of settings that can be tested on the security traded based on timeframe and risk/reward expectations. The indicator can be used for trade entries with filter combinations or can be used as standalone Visualizer for trend confirmations, levels etc. Following are a few examples using the Visualizer. ╔════════ 𝗘𝘅𝗮𝗺𝗽𝗹𝗲 𝗖𝗵𝗮𝗿𝘁𝘀 ════════╗ 1. BTC-USDT 1hr True Ichimoku Kumo Breakout with no filters. 2. BTC-USDT 1hr Ichimoku Trade Bands (Default) Breakout with no filters. 3. BTC-USDT 1hr Ichimoku Trade Bands (Default) Breakout using 200 period Hull MA Visualizer filter. 4. AAPL 4hr Ichimoku Trade Bands (Default) Breakout using 200 period VIDYA MA Visualizer filter. Note: VIDYA is normally used for long term trades. 5. GBP-USD 5m True Ichimoku Kumo Breakout using 144 period TEMA MA Visualizer filter and Money Flow Index connected as external filter with 80/20 Filter values. 6. XAU-USD 1hr Ichimoku Trade Bands (Default) Breakout using 144 period TEMA MA Visualizer and Keltner Channels basis line as external non-oscillatory filter, connected to ™TradeChartist Plug and Trade using Ichimoku Trader 𝗧𝗿𝗲𝗻𝗱 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿. 7. SHITPERP 1hr Ichimoku Trade Bands (0.618 Band Width and Lookback 89 periods) using 50 period Zero-Lag EMA Visualizer Filter. =================================================================================================================== Best Practice: Test with different settings first using Paper Trades before trading with real money =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
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TradeChartist tarafından
16
[astropark] Nova BandsDear followers, today a new analysis and scalping tool for day trading on low timeframes (5-15 minutes) or to plan swing trades on hourly timeframes. It can be used also on high timeframes just for analysis current market trend. The indicator plots a series of levels which create a nice bands flow. The slope of levels make you easily understand when price is in consolidation, in uptrend or in downtrend. The golden rule is always the same: buy low and sell high . This indicator plots: 3 "price is low here" levels (from dark green to light green) 3 "price is average here" levels 3 "price is high here" levels (from purple to orange) When bands are flat, price is in consolidation and this is best condition to trade with nova bands. When price reaches higher bands, you will open a short position with targets below levels, fully closing your position when price hits the average level (black). Here an example on Bitcoin on 15m using 1h resolution: The same applies when price reaches lower bands, you will open a long position with targets above levels, fully closing your position when price hits the average level (black). When bands get nearer and nearer is called "Bands Squeeze": price is next to a main breakout move, volatility is coming! Here an example of SPX500: after long consolidation and bands getting nearer and neared, we had the breakout, downwards in this case. In this screenshot you can see what signals algorithm provided: Our suggestion is to play safe these kind of scenarios, no reason to FOMO buy/sell. Just wait for price consolidation / getting back inside the bands. For example you would have skip first three buy signals, while you would have longed the last two as price came back inside bands after the big volatility which made price went below bands. Another example is TSLA stock on 15m with 1h resolution: Price touched the first bullish level and made a big move upwards, breaking bands with a +90% move. In this case, you would have skipper first 2 sell signals, while you would have accepted next two with stoploss above recent high. Acceptable also the other two sell signals, which you may have closed when price retraced to lower levels: You can of course run trends like this buying on price hitting bullish/lower levels after a long consolidation and sell on price hitting middle and higher levels: A trader who wants to be a winner must understand that money and risk management are very important, so manage your position size and always have a stop loss in your trades. Here some examples how the indicator works on different markets: EURUSD 15m with standard settings and 1h resolution GOLD (XAUUSD) 15m with standard settings and 1h resolution Facebook (FB) 15m with standard settings and 1h resolution This is a premium indicator , so send me a private message in order to get access to this script.
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astropark tarafından
EvMA BandsIt is an index that looks like the final evolution by weighting the Bollinger band with exponential smoothing and volume. The base Line is my EvMA as volume weighted EMA, so it is quite responsive. The standard deviation is also exponentially smoothed, and the reaction is too good to handle, so it is further smoothed by EMA. Charts without volume are not weighted with volume as 1. It seems that the usage in trading is the same as the Bollinger band ボリンジャーバンドを指数平滑出来高加重し、最終進化したような指標です 中央線は拙作のEvMAで出来高加重EMAなのでかなり反応が良いです 標準偏差も指数平滑出来高加重して反応が良すぎて扱いにくいのでさらにEMAで平滑化しています 出来高の無いチャートは出来高を１として加重しないようにしています トレードでの使い方はボリンジャーバンドと同じで良いと思われます
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xinolia tarafından
Combo Backtest 123 Reversal & Fractal Chaos Bands This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Stock market moves in a highly chaotic way, but at a larger scale, the movements follow a certain pattern that can be applied to shorter or longer periods of time and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically, the Fractal Chaos Bands Indicator helps us to identify whether the stock market is trending or not. When a market is trending, the bands will have a slope and if market is not trending the bands will flatten out. As the slope of the bands decreases, it signifies that the market is choppy, insecure and variable. As the graph becomes more and more abrupt, be it going up or down, the significance is that the market becomes trendy, or stable. Fractal Chaos Bands Indicator is used similarly to other bands-indicator (Bollinger bands for instance), offering trading opportunities when price moves above or under the fractal lines. The FCB indicator looks back in time depending on the number of time periods trader selected to plot the indicator. The upper fractal line is made by plotting stock price highs and the lower fractal line is made by plotting stock price lows. Essentially, the Fractal Chaos Bands show an overall panorama of the price movement, as they filter out the insignificant fluctuations of the stock price. WARNING: - For purpose educate only - This script to change bars colors.
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HPotter tarafından
Combo Strategy 123 Reversal & Fractal Chaos Bands This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Stock market moves in a highly chaotic way, but at a larger scale, the movements follow a certain pattern that can be applied to shorter or longer periods of time and we can use Fractal Chaos Bands Indicator to identify those patterns. Basically, the Fractal Chaos Bands Indicator helps us to identify whether the stock market is trending or not. When a market is trending, the bands will have a slope and if market is not trending the bands will flatten out. As the slope of the bands decreases, it signifies that the market is choppy, insecure and variable. As the graph becomes more and more abrupt, be it going up or down, the significance is that the market becomes trendy, or stable. Fractal Chaos Bands Indicator is used similarly to other bands-indicator (Bollinger bands for instance), offering trading opportunities when price moves above or under the fractal lines. The FCB indicator looks back in time depending on the number of time periods trader selected to plot the indicator. The upper fractal line is made by plotting stock price highs and the lower fractal line is made by plotting stock price lows. Essentially, the Fractal Chaos Bands show an overall panorama of the price movement, as they filter out the insignificant fluctuations of the stock price. WARNING: - For purpose educate only - This script to change bars colors.
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HPotter tarafından
15
PT TMA BandsVersion 1.0 of our TMA Bands is a visual of areas of interest. The purpose of this indicator is to determine where the price will likely bounce or reject. When an asset is ranging, it very well respects the neutral (middle) zone. The highest RR trade setups are when the price goes from one end of the bands to another. The bands included are of an ATR multiplier based on multiple moving averages. Each moving average has a unique feature that offers a high probability reaction when price gravitates towards it. We have color-coordinated the bands into three zones. The Main zone being the middle area where the asset tends to play ping pong & range, Top zone, which offers the best RR for shorts & the bottom zone, which provides the best RR for longs. Strategy: When scalping or swinging, always look for shorts close to the red zone as possible with a stop loss above the red band. When longing, always look for longs close to the green zone area with a stop loss below the green band. Anything in orange is a neutral zone, which will confirm the asset is more than likely ranging. I don’t advise taking trades in that zone unless you have solid risk management. When playing the macros, H12+ always look for price to find support at the orange (middle) band before deciding on a shift in trend. If the asset breaks down from the orange (middle) band, you usually get a retest of that band before further downside. Also, something to consider, if you punt longs at the green zone, you want to target the orange (middle) band. If you punt shorts at the red zone, you want to target the orange (middle) band. I usually take 70% off at the middle band & let the rest run if ultimately end up in the opposite zone. This Oscillator is best with the buy/sell signals we provide. It offers extra confluence with stop loss & targets. I enjoy using it on all time frames for swinging & scalping. It is included as part of the library. Just message us for access!
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patterntraders tarafından
12
HeatbandsWhat you see is the 100 day moving average (blue line in the middle) with percentage bands attached to it. Each color has a 5% range. The brightest green color is 20%-25% below the 100 day moving average. The brightest red color is 20%-25% above the 100 day moving average. The behaviour of the stock price between the bands could give you trading ideas. The moving average length is adjustable. The range between the bands is not adjustable (maybe in future updates). Enjoy:)
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tucomprend tarafından
Awesome Trend BandsHere I propose another band indicator, it is tuned to consider volatility expansion and compression, average possible movement, and RSI position to identify dominant sentiment in the market. When you should go long that center band line will be colored lime when you are to enter shorts it will be red, this signal is great for trading both trending and contracting markets, so you can even trade mean reversion, it catches good moves. And the best thing of all, it works on all markets/instruments and timeframes- without any inputs from the user. Here are some charts> Past performance is not an assurance of future performance, author is not responsible for your profit or loss. Enjoy~
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Pratik_4Clover tarafından
6
Market ExtremitiesHere I'm proposing an indicator to measure market extremities, it is different than usually used STDv function and has a much simpler underlying mechanism. However, what you will compromise by it is that it is not going to work efficiently like STDv and you will need to use some form of trend and momentum indicators along with it. Not efficiently doesn't mean not tradable, in fact, this is what I use over STEDv myself to reduce the noise of Bollinger Bands. This indicator is only designed to catch the highs and lows of the market during intraday. It works across all markets and it is surprisingly good at it and has certain predictive nature since the price seems to hang around the extreme lines. Having said that, an astute trader can trade this for both breakouts and mean reversion strategies. For reference here is one chart marked This is for educational purpose only- Past performance is no indicator of future success and author takes no responsibility for the trader's actions. Enjoy~
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Pratik_4Clover tarafından
4
Bollinger Bands Filter Bollinger Bands is a classic indicator that uses a simple moving average of 20 periods, along with plots of upper and lower bands that are 2 standard deviations away from the basis line. These bands help visualize price volatility and trend based on where the price is, in relation to the bands. Bollinger Bands filter plots a long signal when price closes above the upper band and plots a short signal when price closes below the lower band. It doesn't take into account any other parameters such as Volume/RSI/ Fundamentals etc, so user must use discretion based on confirmations from another indicator or based on fundamentals. The filter works great when the price closes above/below upper/lower bands with continuation on next bar. It is definitely useful to have this filter along with other indicators to get early glimpse of breach/fail of bands on candle close during BB squeeze or based on volatility. This can be used on Heikin Ashi candles for spotting trends, but HA candles are not recommended for trade entries as they don't reflect true price of the asset. This filter's default is 55 SMA and 1 standard deviation, but these can be changed from settings. It is definitely worth reading the 22 rules of Bollinger Bands written by John Bollinger. ================================================================== Note: 1. Alerts can be created for long and short signals using "Once per bar close". 2. The indicator doesn't repaint. ==================================================================
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TradeChartist tarafından
16
MedianBandsHere I propose another simple S/R band technique, works on all TF and all securities, this is again one of the simplest forms of logic with a little tweak to tackle modern volatile markets. It enables us to trade both mean reversion as well as breakout trades as it works in both trending and non-trending markets. You can even use pre-existing ranges as good position management markers. It requires little to no intervention from the user. The white line is the opening price of the day, I'm a big believer of that so you will find it everywhere in my indicators. :3 Past performance is not assurance of the future performance and this is for educational purposes only. The script will be protected to avoid theft but you can add to your favorites to use it as you please. Enjoy~
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Pratik_4Clover tarafından
2
Alpha BandsAlpha Bands, this is a new idea I've been playing with recently in all my indicators. In layman terms we are here using mult to multiply length of the plot to replicate effect of multi time frame plot. Under the hood it is basically fast ma crossing over slow one but with this simple multiplier introduction is able to give it properties of higher TF ma's but without the usual problem of the TV where multitimeframe MA plots rather crudely if you use security function. Introducing it as core trend indicator, and around it I've utilized ATR to create simple but complete indicator to give good view of the market state and trend. Due to this setup it can be used for both trending and mean reversion trades, you can also utilize existing ranges for entry, exit and SL. This indicator is example of how simple little tweaks can turn a age old tools into more advanced solutions. This is purely for educational purposes, any past or claimed results may not replicate themselves while you trade them so use your own discretion. Author takes no responsibility of individual traders success or loss on this. Source code will be protected since there is trend on TV where ideas are stolen and sold to unsuspecting retailers.
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Pratik_4Clover tarafından
2
CDub's BolBands SetupUses a set of Bollinger Bands (user defined deviation, user defined deviation * 2) to determine possible entry set ups. Signals are triggered when price crosses the first band (closest to the baseline MA) in the desired direction. baseline can be your take profit 1 target The inside band determines entry and can be used as a take profit 2 target (Opposite side of baseline) The outside band is a suggested stop loss target (Same side of baseline) and can be used as a take profit 3 target (Opposite side of baseline) Suggestions are welcome! -CDub
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Obi-wanClintobe tarafından
2