BBands for RSI Arrow Trading Indicator
BBands for RSI Arrow Trading Indicator - is a combination of two popular indicators Bollinger Bands and RSI, built on the principle of using overbought and oversold levels.
Bollinger Bands are built not on the price chart itself, but in the basement window, superimposed on the RSI indicator. Signals for entry are:
- buy signal - crossing of the lower Bollinger band RSI indicator from the bottom up;
- sell signal - crossing of the upper Bollinger band by the RSI indicator from top to bottom;
The BBands for RSI indicator parameters allow you to enable and disable the display of arrows and vertical lines, customize separately each of the used indicators, as well as set from which candlestick to take the signal (1 - from the first candlestick, 0 - from the zero candlestick).
BBands for RSI Arrow Trading IndicatorIf properly adjusted for timeframe and currency pair, it has an interesting concept and a huge potential for profitable trading.
Download arrow trading indicator BBands for RSI