Bollinger Bands Speed mw
- Indicators
- DMITRII GRIDASOV
- Version: 1.5
- Activations: 10
Forex Indicator "Bollinger Bands Speed" for MT4, No Repaint.
Speed of Bollinger Bands - is a unique trend indicator
- The calculation of this indicator is based on equations from physics.
- Speed is the 1st derivative of standard Bollinger Bands
- Bollinger Bands speed indicator shows how fast BB middle line and BB borders change their directions
- By default: Blue line is the speed of BB middle line, Red line - speed of bottom border, Green one - speed of top border
- It is recommended to use BB Speed in trend strategies, if speed of BB middle line value is < 0: trend goes down, and if value is > 0: trend goes up
- You can consider following trade entries:
- Open Buy trade when blue line is above 0 and green line crosses blue one upward
- Open Sell trade when blue line is below 0 and red line crosses blue one downward
- Indicator has built-in Mobile and PC alerts.
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