Bands Deviations Buy And Sell Signals Forex Indicator
The bands deviations forex indicator generates buy and sell alerts based on a set of bands, similar to Bollinger Bands. Red arrows appear near or above the upper resistance band. Blue arrows appear near or below the lower support band.
Buy: Wait for a blue fastsignals arrow.
Sell: Wait for a red fastsignals arrow.
Tip: Use this indicator in agreement with the overall trend. Bands pointing down? Trade the sell arrows. Bands pointing up? Trade the buy signals.
Currency pairs: any
Preferred Time frames: Suitable for 1 min charts and above.
Sessions: Around the clock for timeframes above 30 min. London and US session for time frames below the 30 min.
Configurable Indicator Options
Price, bandsdeviations, interpolate alert, sound alert, colors,…