PROTECTED SOURCE SCRIPT
Actualizado

Double BB w/ Pressure

3 419
Double Bollinger Bands with dynamic pressure indications
Notas de prensa
Alert function added.
Notas de prensa
Algorithm update on pressure frequency determination for color of pressure indication flags
Notas de prensa
Minor update. Explanation of flag colors: Band Squeeze Candle Count determines minimum pressure happened for candle count. If the back-to-back count reaches to 1 times of candle count, the flags will be yellow for 1 more cycle of candle count. If back-to-back count reaches to 2 times of candle count, the flags will be red in order attract attention for continuous pressure.

ps. Its a v4 script. You can use plot values with alerts. Built-in alert has been defined in the script.

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