Double BB w/ Pressure

21 בנוב׳ 2019

Double Bollinger Bands with dynamic pressure indications

21 בנוב׳ 2019

הערות שחרור

Alert function added.

21 בנוב׳ 2019

הערות שחרור

Algorithm update on pressure frequency determination for color of pressure indication flags

21 בנוב׳ 2019

הערות שחרור

Minor update. Explanation of flag colors: Band Squeeze Candle Count determines minimum pressure happened for candle count. If the back-to-back count reaches to 1 times of candle count, the flags will be yellow for 1 more cycle of candle count. If back-to-back count reaches to 2 times of candle count, the flags will be red in order attract attention for continuous pressure.

ps. Its a v4 script. You can use plot values with alerts. Built-in alert has been defined in the script.