BB% based indicator. It tracks the percentage distance between price and its deviations. Using this it shows overbought and oversold levels, signalling a good chance for mean reversion.
While testing the new BB filter update on my original indi. I tested a few ways of input filtering and later found what became this indi. I decided to publish it separate since the core of the indi changed.
Includes everything that the other BB indi has:
- OB/OS zones
- soft signals
- realtime divs
- alerts
- 5 baseline MA optons
- indi trend
I also included the filter signal update in this one, but since there is less signals its off by default.