PROTECTED SOURCE SCRIPT
Profit Accumulator Bollinger Band Trend

Hi everyone,
I've been playing with the idea of trying to trend bollinger band movement of various currencies. What I've got here is the result of that. In its very basic form its a tool to identify the start and end of both long and short term trends.
The thick line (red/green) indicates whether this is a bullish (green) or bearish (red) movement and generally governs the longer term trend. The thinner, black line indicates the movements within the market. Anything above the zero line indicates positive movement where trades could be placed (along with the main trend line). When this line moves below the zero line, it appears to highlight uncertainty and the potential trend coming to an end.
If anyone would like alerts adding to this indicator then please let me know.
Thanks
Mike
I've been playing with the idea of trying to trend bollinger band movement of various currencies. What I've got here is the result of that. In its very basic form its a tool to identify the start and end of both long and short term trends.
The thick line (red/green) indicates whether this is a bullish (green) or bearish (red) movement and generally governs the longer term trend. The thinner, black line indicates the movements within the market. Anything above the zero line indicates positive movement where trades could be placed (along with the main trend line). When this line moves below the zero line, it appears to highlight uncertainty and the potential trend coming to an end.
If anyone would like alerts adding to this indicator then please let me know.
Thanks
Mike
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с защищённым кодом
Этот скрипт опубликован с закрытым исходным кодом. However, you can use it freely and without any limitations – learn more here.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.