One of my favorite indicators is the trend-band. It changes color based on the trend, and you can use it as a factor for better analysis.
The default period value is 34, and you can choose to show or hide the sub-band (the gray one).
How do I use it? I use the trend-band to identify and trade retracements, and the sub-band for potential profit-taking points. I usually use it with multi-timeframe analysis to find a good entry.
The default period value is 34, and you can choose to show or hide the sub-band (the gray one).
How do I use it? I use the trend-band to identify and trade retracements, and the sub-band for potential profit-taking points. I usually use it with multi-timeframe analysis to find a good entry.
Note di rilascio:
Alert added.
From now you can set an alert each time the price touches the bands.
From now you can set an alert each time the price touches the bands.
Contact me in PM or on Telegram: @nguyenthl