Heikin Ashi + Supertrend + EMA + Bollinger Bands BN FOREX

📌 Indicator Name:
Heikin Ashi + Supertrend + EMA + Bollinger Bands BN FOREX

📄 Description:
This all-in-one indicator by BN FOREX is designed to provide a comprehensive technical overview by combining four powerful trading tools into a single visual interface:

🔹 1. Heikin Ashi Candles
Heikin Ashi candles are used to smooth price action and filter out noise. They help traders identify trend direction more clearly compared to traditional candlesticks.

🔹 2. Supertrend
The Supertrend indicator acts as a dynamic trend filter. It changes color and position based on price and volatility, providing clear buy/sell trend signals.

Parameters: ATR Period: 10, Multiplier: 3 (configurable)

Signal: Green line = Bullish, Red line = Bearish

🔹 3. Exponential Moving Averages (EMA)
Two EMAs are integrated to detect momentum and longer-term trend shifts:

EMA 50: Represents short-term trend

EMA 200: Represents long-term trend

Trend Bias:

Bullish: EMA50 above EMA200

Bearish: EMA50 below EMA200

🔹 4. Bollinger Bands
Bollinger Bands are used to measure volatility and identify overbought/oversold zones.

Middle Band: 20-period SMA

Upper/Lower Bands: ±2 standard deviations

Usage:

Price near upper band = Overbought

Price near lower band = Oversold

Squeeze = Volatility contraction (possible breakout)

✅ Key Features:
Clear and intuitive trend visualization using Heikin Ashi & Supertrend

Dynamic support/resistance via Bollinger Bands

Trend bias detection through EMA crossovers

Suitable for multi-timeframe analysis (scalping, swing, position trading)