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BB ATR Fractal MM
The Bollinger Bands + ATR with Fractal indicator is a powerful combination of Bollinger Bands, ATR (Average True Range), and Fractal to help identify market volatility and potential entry/exit points on the chart.
Bollinger Bands help to assess the market’s volatility by calculating upper and lower bands based on the simple moving average (SMA) and standard deviation. It’s an excellent tool for identifying overbought and oversold conditions.
ATR (Average True Range) is used to measure market volatility. It helps determine how much the price is moving, and it can be used to adjust the Bollinger Bands, creating bands that reflect the current volatility more accurately.
Fractal helps to identify peaks and troughs in the market, supporting decision-making by highlighting potential reversal points. Fractals mark regions where price may reverse direction, making it easier to spot possible trade opportunities.
How to Use:
Bollinger Bands Upper and Lower Bands: These bands help to identify overbought or oversold conditions. If the price breaks above the upper band, the market may be overbought. If the price breaks below the lower band, the market may be oversold.
ATR: It indicates the volatility level of the market. When the market shows large volatility (ATR increases), the Bollinger Bands expand to reflect higher price swings.
Fractal: Arrows appear at the market’s peaks and troughs, helping identify entry points for buying (at fractal lows) or selling (at fractal highs). These signals can help you make trading decisions based on potential price reversals.
Bollinger Bands help to assess the market’s volatility by calculating upper and lower bands based on the simple moving average (SMA) and standard deviation. It’s an excellent tool for identifying overbought and oversold conditions.
ATR (Average True Range) is used to measure market volatility. It helps determine how much the price is moving, and it can be used to adjust the Bollinger Bands, creating bands that reflect the current volatility more accurately.
Fractal helps to identify peaks and troughs in the market, supporting decision-making by highlighting potential reversal points. Fractals mark regions where price may reverse direction, making it easier to spot possible trade opportunities.
How to Use:
Bollinger Bands Upper and Lower Bands: These bands help to identify overbought or oversold conditions. If the price breaks above the upper band, the market may be overbought. If the price breaks below the lower band, the market may be oversold.
ATR: It indicates the volatility level of the market. When the market shows large volatility (ATR increases), the Bollinger Bands expand to reflect higher price swings.
Fractal: Arrows appear at the market’s peaks and troughs, helping identify entry points for buying (at fractal lows) or selling (at fractal highs). These signals can help you make trading decisions based on potential price reversals.
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Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.