anas bolingar band

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anas bolingar band

Postby anashassan76 » Mon Jun 04, 2018 3:34 pm

EURUSD m1 (06-04-2018 2108).png

the logic of this indicator . if price close above bb green line buy , if close below red line sell
its trend indicator , some false signal expected when market side rang .

the upper band is calculated with the avarage of high and standard divaiation of high values .
the lower band is calculated with avarage of low and standard diviation of low values .

mid avarage line is calculated with avarage of close values .

recomend for hour trading with current setting .
use ATR to see if there remainig range in the day when intial segnal start .
if a buy signal is generated once , all your trade is buy and you can use CCI or stochastic of or %R value of 6 to reinter for next trade .
anas BB high low.lua
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anashassan76
 
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