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BollingerPro NT 8
This simple indie uses 'added data' in the code.. Just input the 'data series' you want to
study in relation to the 30min BB's and it will plot values (estimates) of where the 30 min
BB 'Upper' and 'Lower' will plot on the hour and half-hour that is coming up..
These bands will also show you the median value of the current 30minute study which I
find very useful to form a "bias"..
In general : if price is below the 'Lower' plotted 30min BB (30 min chart) AND below the
'Lower' (already plotted 'fulcrum') 10 min BollingerPro (10 min data on any tick or volume series chart) then price is in oversold territory ... at least its below the number of SD's you're
studying AND what's projected..
**Important : This indicator will stop working on Rollover..
.. The 'added data' in the code
needs to be updated to the current Sept, Dec, Mar, June series AND underlying !.. i.e. if you
want to study ES, the code has to be changed to use ES as 'added data'.. It's very simple to
do - the 'added data' lines are 70 and 71.. (try changing them yourself - you'll feel like a coder)
Note: I started a thread for 'BBPro' here :
https://nexusfi.com/elite-circle/60146-bollingerpro-discussion.html#post890643
I attached a couple more pics to explain 'Ellipse #'s 1 & 2' in the pic attached here..
I've penned specifics on data series and some tips you 'May' use.. "Only trade with money
you can afford to lose" haha - seriously I hope it all helps.. Chof
Category
The Elite Circle
Details:
BollingerPro NT 8
Category:
The Elite Circle
September 19th, 2023
Size: 164.50 KB
2676
Chof
Category
The Elite Circle
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