We use a mix Bollinger and Keltner. The price always want to stay inside the Bollinger. A lot of times we have big candels with great pullbacks. If u are long and the Indicator show a red BB Area there is a god chance for a pullback.
We have rsi label and Rsi extreme label If the rsi is High or extreme High u see it in the chart an u can look for a divergence that may end the trend. I want to use it for scalping together with Pivot Point standart. It is not testet. Please use Papertrading first.
A small Video (german)
If u try it plase leave a commend. Have fun
Versionshinweise
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added offset bollinger it is easier to see good pullback entrys or good points to leave a trade.
This indicator is only for quick and dirty trades. We see a lot of strong Candels in Crypto in some seconds or minutes 3-4-5% Pullbacks follow. In higer timeframes u can use it to find good exit points have fun
Versionshinweise
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sma dots 50-100-200 daily wekly monthly and actual Timframe added
Versionshinweise
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a lot of simple code changes ris lenth fixed alert condition added.