You can use it to visualize the LOWBB and HIGHBB buy/sell strategy. Here is how it works:
- Set the candle size by setting your TV candle time accordingly
- Set the amount of candles used for the in the settings of this indicator
- Also set the buy/sell value used and select your choice of either LOWBB or HIGHBB
The indicator will then show your offset line from either the high (HIGHBB) or low (LOWBB) border and it will also mark the areas where the actual price exceeds this value and would generate a buy (or sell) signal for Profit Trailer. Please keep in mind that Profit Trailer may still use trailing buy and trailing profit to optimize your buy/sell situation, this can obviously not be shown through this indicator.
Note: This is a first public release, future modifications may follow and are then shown on this site as updates. Always read this page to the end.
→ For Feedback and Updates as well as Help on how to work with this indicator, please visit this Website:
New default values but as always: Don't take them as a suggestion to trade on. Always make up your own values.
- adds trading limit
- new styling