Bollinger Band Scanner Full
- Indicators
- Biswarup Banerjee
- Version: 7.0
- Updated: 16 December 2024
- Activations: 20
Bollinger Bands Multicurrency Scanner Dashboard MT4 is a versatile trading tool designed for monitoring trading signals across multiple currency pairs and timeframes using Bollinger Bands. It organizes signals in an intuitive grid format, displaying each symbol’s status across timeframes from M1 to MN1. Traders can enable or disable specific timeframes to suit their strategies.
The tool displays signals based on the following Bollinger Bands strategies:
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Reversal Strategy: Signals generated when the price reaches the lower band (buy) or upper band (sell), indicating potential reversals.
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Breakout Strategy: Signals triggered when the price crosses the upper or lower Bollinger Bands, suggesting breakout opportunities.
You can find the MT5 version here Bollinger Band Scanner MT5
For detailed documentation click here
Key Features:
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Bollinger Bands Strategies: The dashboard supports two customizable strategies—reversal at the lower or upper band for buy and sell signals, and breakout strategies when the price crosses the bands. Bollinger Bands parameters such as period, deviation, and applied price are fully configurable to match individual trading styles.
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Confluence Alerts: The tool highlights confluence signals, notifying traders when multiple timeframes align in the same direction, increasing the reliability of trading decisions.
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Custom Alerts and Notifications: Real-time alerts are delivered through pop-ups, email, or push notifications, ensuring traders never miss critical signals.
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Responsive Design: The dashboard dynamically adjusts its layout to fit any screen size, displaying signals grouped by base currencies with customizable colors for bullish, bearish, and neutral trends. It also shows how many candles ago the signal appeared for quick assessment.
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User Customization: Offers extensive options for configuring timeframe filters, signal colors, and dashboard layout, allowing traders to tailor the tool to their preferences.
Note: The Bollinger Bands Multicurrency Scanner Dashboard is a reliable tool for traders looking to leverage Bollinger Bands strategies, providing actionable insights and a seamless trading experience. It is designed to detect and notify potential signals but does not place trades automatically for the user.
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Simple, clean, versatile, informative, useful and effective.
We all know it's a BB.
5 stars