Exclusive Bollinger Free – Trading Strategies – 2 August 2021


Unique Bollinger Free is an expert indicator based mostly on the favored Bollinger Bands indicator and supplied with a sophisticated algorithm.

In contrast to the usual Bollinger, my Unique Bollinger offers higher indicators and is provided with versatile settings permitting merchants to regulate this indicator to their buying and selling fashion. Within the indicator, you may arrange alerts (alert, electronic mail, push), so that you just will not miss a single buying and selling sign.

Benefits of the indicator

  • Good for scalping.
  • Generates minimal false indicators.
  • Appropriate for learners and skilled merchants.
  • Works on all timeframes.
  • Doesn’t redraw.
  • Sending indicators to electronic mail and cell gadgets.

Suggestions on utilization

  • Promote when the worth crosses the higher line of the indicator (see screenshot 1, entry factors are encircled).
  • Purchase when the worth crosses the decrease line of the indicator.

The indicator is finest suited to intraday buying and selling, on the timeframe from M1 to H1.

Parameters

  • Interval – the important thing parameter accountable for the averaging interval for calculating the indicator.
  • Deviation – the variety of normal deviations from the primary line.
  • Alert – allow/disable Alert. true – enabled, false – disabled.
  • Electronic mail allow/disable sending e-mails. true – enabled, false – disabled.
  • Push allow/disable sending messages to the cell terminal. true – enabled, false – disabled.
  • Sort of sign – the setting is accountable for the sign to be despatched by Alert, Electronic mail and Push. Sort of sign could be equal to present bar (sending an alert when sign seems on the present bar) or final bar(when a sign occurred on the previous bar).
  • clrUPPER – the colour of the higher indicator line.
  • clrLOWER – the colour of the decrease indicator line.
  • clrAVERAGE – the colour of the center line of the indicator.
  • Width – line width.



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