Bollinger Bands Suite (with Divergence Identification)

Bollinger Bands Stretched to their Most Innovative Limits

Clearly a case where the Sum is More Accurate than its Parts.

This incredibly innovative suite of Bollinger Bands and Divergence indicators show selected plotted ‘dots’ with a broad selection of Bollinger Bands combinations. You can choose from the following 7 Indicators:

• MACD (Moving Average Convergence Divergence) (default)
• AO (Awesome Oscillator)
• CCI (Commodity Channel Index)
• ROC (Rate of Change)
• STOCHRSI (Stochastic/RSI)
• TSI (True Strength Index)
• VOL (Volume Trend Index)

This new and improved suite of indicators can be used as stand-alone trading tools, or combine two instances for even more creative combinations. The indicator has two modes, Trend (default) and Counter-Trend. The suite even includes audible alerts for Divergence and Counter-Trend opportunities.

Trend Mode:

• When the INDICATOR value dots rise outside of the upper Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• When the INDICATOR value dots fall outside of the lower Bollinger Band, a Sell signal is generated shown as a Down Arrow.

CounterTrend Mode:

• When the INDICATOR value dots fall from outside of the upper Bollinger Band, a Sell signal is generated shown as a Down Arrow.
• When the INDICATOR value dots rise from outside of the lower Bollinger Band, a Buy signal is generated shown as an Up Arrow.
• By Default, the indicator’s alerts will oscillate between buying and selling. When set to show re-entries, it will show all signals regardless of trade direction.
• Re-entries may be helpful for choosing areas to take profit or re-enter a position if stopped out on a previous trade.

Divergence:

• The indicator will optionally show divergence in price vs. INDICATOR value, illustrated by Buy and Sell triangles and lines above/below price bars. Audible alerts sounds can be set to built-in or custom .wav files. The indicator’s colors can be customized.

If you do not receive your Download Instructions email after purchasing, please be sure to double check your spam folder, and also add @indicatorwarehouse.com to your safe senders list.