MastersOfTrading

MoT - [Analyst +] - Berlin %B

**THE INDICATOR**

Here we have the Berlin %B which is an Oscillator similar to Bollinger Bands %B but calculated a little differently to give fewer false signals.

**THE CHART**

GBPUSD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel we have this indicator Berlin %B which is an Oscillator very similar to Bollinger Bands %B but calculated a little differently to give fewer false signals.

- Below the chart we have our OBV-ATR indicator and you can see the power of having the Moving Averages on the indicator which are very powerful at helping identifying possible reversals.


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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Invite-only script

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