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Moving Band

Moving band is a trend based, custom indicator which combines multiple Moving Averages and Bollinger Band.


Features

  • Trend based Indicator
  • Does not repaint
  • No False Signals
  • Works on all Time Frames
  • Applicable on Forex, Indices and Stocks


Input Parameters

  • Show Indicator after Testing: True/False
  • Sound an alert: True/False
  • Send an email: True/False
  • Send a notification: True/False

Signals

  • The signals are generated with intersection of multiple Moving Averages with mid Bollinger Band
    • Buy when Green arrow appears
    • Sell when Red arrow appears

Take Profit and Stop loss:

  • Take Profit: Profit should be taken while
    • In a Buy position: Red arrow appears
    • In a Sell position: Green arrow appears
  • Stop Loss:
    • For a Buy position: appearance of Red arrow
    • For a Sell position: appearance of Green arrow

Timeframe

  • Works on all timeframes
  • TF preferred for intraday trading - M1, M5
  • TF preferred for positional trading - H1, H4

Money Management

  • Martingale Strategy can be used to recover losses if any
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The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
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