The stock indicator Bands-2 + 1.01 mtf alerts automatically plots the graph two Bollinger bands (periods 20 and 50, different possible deviation)
a trading alert (sound, notification, message, email) in case of signal to buy / sell
Multi Time Frames: an option to select a different time frame of the current time frame for calculating the indicator.
Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 Hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
included
2 Bands-mtf 1.01 + alerts.mq4
Broker Online - Broker Stock Exchange : Trading platform Metatrader MT4
Interpretation Rules - signals from Trading
* buy signal: bullish trend
. The high band Bollinger (fast period) crosses upward the high band Bollinger (low period)
. The lower Bollinger band (fast period) crosses upwards the lower Bollinger band (slow period)
* Sales Signal : Bearish trend
. The high band Bollinger (fast period) crosses to lower the high band Bollinger (low period)
. The lower Bollinger band (fast period) crosses down the lower Bollinger band (slow period)
Read more about the rules and trading signals:
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Trade Example
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Symbol - Swap EUR / JPY
Session Trading Intraday
time unit UT - time Frame: 30 Minutes M30
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