Courses Infomation

Indicatorwarehouse – Bollinger Bands Suite

Indicatorwarehouse – Bollinger Bands Suite (with Divergence Identification)

Sale page: https://www.indicatorwarehouse.com/ninjatrader-indicator/bollinger-bands-suite-with-divergence-identification/

Bollinger Bands Stretched to their Most Innovative Limits

Clearly a case where the Sum is More Accurate than its Parts.

This incredibly innovative suite of Bollinger Bands and Divergence indicators show selected plotted ‘dots’ with a broad selection of Bollinger Bands combinations. You can choose from the following 7 Indicators:

• MACD (Moving Average Convergence Divergence) (default)
• AO (Awesome Oscillator)
• CCI (Commodity Channel Index)
• ROC (Rate of Change)
• STOCHRSI (Stochastic/RSI)
• TSI (True Strength Index)
• VOL (Volume Trend Index)

This new and improved suite of indicators can be used as stand-alone trading tools, or combine two instances for even more creative combinations. The indicator has two modes, Trend (default) and Counter-Trend. The suite even includes audible alerts for Divergence and Counter-Trend opportunities.

Trend Mode:

• When the INDICATOR value dots rise outside of the upper Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• When the INDICATOR value dots fall outside of the lower Bollinger Band, a Sell signal is generated shown as a Down Arrow.

CounterTrend Mode:

• When the INDICATOR value dots fall from outside of the upper Bollinger Band, a Sell signal is generated shown as a Down Arrow.
• When the INDICATOR value dots rise from outside of the lower Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• By Default, the indicator’s alerts will oscillate between buying and selling. When set to show re-entries, it will show all signals regardless of trade direction.
• Re-entries may be helpful for choosing areas to take profit or re-enter a position if stopped out on a previous trade.

Divergence:

• The indicator will optionally show divergence in price vs. INDICATOR value, illustrated by Buy and Sell triangles and lines above/below price bars. Audible alerts sounds can be set to built-in or custom .wav files. The indicator’s colors can be customized.

Salepage : Indicatorwarehouse – Bollinger Bands Suite

About Author

<author content>

More From Categories : Software Collection>NinjaTrader