Exclusive Bollinger is a professional indicator based on the well-known Bollinger Bands indicator, but with a more advanced algorithm.
Unlike the standard Bollinger, my Exclusive Bollinger gives better signals and is equipped with flexible settings, which allows traders to adjust this indicator to their trading style. The indicator has the ability to set up notifications (alert, mail, phone), which will help you not to miss a trading signal.
- The indicator is perfect for scalping.
- Gives a minimum of false signals.
- Suitable for beginners and experienced traders.
- It works on any timeframe.
- It works on any financial instruments: FOREX, CFD, binary options.
- Does not redraw.
- Sending signals to email and mobile phone.
Sell signal: If the price has crossed the upper line of the indicator (see screenshot 1, the entry points are marked with circles).
Buy signal: If the price has crossed the lower line of the indicator.
The indicator is best suited for intraday trading, on a timeframe from M1 to H1.
- Period is the key parameter responsible for the averaging period for calculating the indicator.
- Deviation – the number of standard deviations from the main line.
- Alert – enabling, disabling Alert. If true – enabled, false- disabled.
- Email enables or disables sending messages to email. If true – enabled, false- disabled.
- Push enabling, disabling sending messages to a mobile phone. If true – enabled, false- disabled.
- Type of signal – this setting is responsible for the moment when the signal is sent for Alert, Email and Push. The type of signal takes the values current bar (sending a message when a signal appears on the current bar) or last bar (sending messages when a signal appears on the last bar).
- clrUPPER – the color of the upper line of the indicator.
- clrLOWER – the color of the lower line of the indicator.
- clrAVERAGE – the color of the middle line of the indicator.
- Width – the thickness of the lines.