Bollingr+supertrend
📘 Bollinger Bands + Supertrend (Buy/Sell Area Notes)
1. Bollinger Bands consist of a moving average (Basis) and upper/lower bands based on standard deviation.
2. Price near lower band may indicate a potential buy area (oversold).
3. Price near upper band may indicate a potential sell area (overbought).
4. Band squeeze shows low volatility — often followed by a breakout (good for entries).
5. Supertrend uses ATR and price to determine trend direction with green (up) and red (down) lines.
6. Supertrend flips from red to green → indicates a possible Buy signal.
7. Supertrend flips from green to red → indicates a possible Sell signal.
8. Best Buy Area: When Supertrend turns green and price is near or below the lower Bollinger Band.
9. Best Sell Area: When Supertrend turns red and price is near or above the upper Bollinger Band.
10. Use both indicators together to confirm trend direction and time entries more reliably.
Would you like a chart example or image to visualize these Buy/Sell zones?
