MTF BB%+ [Overlay] [Intromoto]

17 במאי 2021

This indicator is based around BB%, essentially showing where deviations are within price over time. This is the overlay version, better to see the precise candle signals.

Plotshapes are printed when exiting extremes of the deviations, back towards the mean.

Arrows indicate an increased likelihood of price reverting direction. Red arrow =bearish, green arrow = bullish. Dots below candles = bullish, above candles = bearish.
Dots on the top and bottom of the candles show a sub level of reversion that would be perhaps less extreme than when price reenters the norm from the normal standard deviation.

Users can also change the timeframe of the indicator for high time frame signals.

Barcolors for plotshapes included.

DM for access

Thanks

17 במאי 2021

הערות שחרור

Added user inputs for plotshape variables

17 במאי 2021

הערות שחרור

Added ability to change MA type

28 במאי 2021

הערות שחרור

Removed oscillator plots. Prevented overlapping signals

29 באפר׳ 2022

הערות שחרור

Added alerts

23 בנוב׳ 2022

הערות שחרור

Removed extraneous data points from oscillator version. Updated to v5.

23 בנוב׳ 2022

הערות שחרור

Added Alerts for Purple / Orange plotshapes