Bermaui Bands (BB) is that a technical evaluation tool that helps filter horizontal and trend price fluctuations. the notion of the formulation of the indicator can be clarified as follows:

• Use Bermaui Bands as a filter to determine the direction of the trend.
• If the BB lines are moving away from each other, then there is a high probability that the price will be in a sideways or trendless movement.
• When the BB lines move away from each other and the price moves between them, use the strategy to trade in a trendless market.
• If the BB lines are connected in one line, then there is a high probability that the price will have a trend movement.
• When the BB lines connect into one line and the price moves away from them, use the strategy to trade in a trending market.

• Buy and sell signals appear when the price breaks through the BB lines.
• A stop loss based on a percentage of the standard deviation is recommended.
• Customizable appearance.
• Audio alerts and email notifications.

• Candles – the number of candles to calculate the bands (50 by default).
• deviation_multiplier-deviation multiplier, this parameter will help you control the width of the Bermaui Bands or how far the bands can be removed from the center line (default 2.1).
• band_width – the thickness of the bands (the middle line will always be dotted).
• band_color – color of the bands.
• Show_Signal – show/hide the signal of the arrow (default is true).
• Risk_percent – the percentage of deviation that separates the Buy and Sell arrows from the closing price when the signal is true (by default, 25 %). You can use the arrows signal as the stop loss levels.
• up_arrow_color – color of buy signals.
• down_arrow_color – color of sell signals.
• Alerts-enables or disables sending audio messages and notifications (true by default).
• text_buy – message of purchase alerts.
• text_sell – message of alerts for sale.
• email_send-sending notifications to the user by email (false by default).
• notification_send-sends push notifications to the user (false by default).

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I hope that BB will become a useful investment tool for you.

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