This is a simple indicator using bolinger band return.
After the candle's bolinger band broke out, Turn back inside BB is the entry point.
Usually there are more than two triangles, so you can wait after ordering a better price.
As you already know about it, it is very dangerous for the bolinger band to enter in the reverse direction when a strong trend is created. That's why I made the Red Line. It is calculated by ATR and will suggest you an appropriate StopLoss value.
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Fixed Signal Error for Alert Added SL Price at Alert message
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Fixed Signal
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Visualized the signals using the two Bollinger bands proposed by @ronicm29 Thanks.
very nice. Is there a way to add a fill background colors to the lines of bb?
cryptovictor1188
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Does this indicator Repaint?
Trader_KingMars
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Lucky to find this script,great!Thank you! If you can synthesize TD indicators,it will be very perfect!
SuperJump
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@Trader_JoshuaCN, Is that what you said TD Sequential? Give me an example of how to use it with TD. Regards.
Trader_KingMars
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@SuperJump, Thank you for your reply!now refer to the glaz of TD sequential,I do not know if you can combine your script with him into a new script for use!
SuperJump
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@Trader_JoshuaCN, Thank you bro. I already know the script. My question is how to use TD with the Bolinger Band effectively.
BDavalosSeferlis
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Hi @SuperJump it'll be possible to request permission to use your SuperJump Turn Back Bollinger Band indicator. Regards