BX-Indicator

The BX-ndicator is a comprehensive multi-timeframe technical analysis tool that combines trend-following, momentum, and volatility indicators to provide traders with clear visual signals for market analysis and decision-making.
Key Components
1. TEMA (Triple Exponential Moving Average)

TEMA21 (Yellow line): Fast-reacting trend indicator that reduces lag compared to traditional moving averages
TEMA55 (Red line): Medium-term trend confirmation line
These lines help identify short to medium-term trend direction and momentum shifts

2. Moving Average System

MA21 (Green): Short-term trend reference
MA34 (Orange): Swing trading reference
MA55 (Magenta): Medium-term trend line
MA89 (Blue): Intermediate trend filter
MA144 (Dark Red): Long-term trend baseline

3. Exponential Moving Averages (EMA)

EMA21 (Dark Green): Fast exponential trend
EMA55 (Purple): Medium exponential trend
EMA144 (Pink): Long-term exponential support/resistance

4. Dynamic Bands (Filled Zones)
Three colored bands provide visual trend zones:

Green Band (21-period): SMA21/EMA21 envelope - short-term volatility zone
Purple Band (55/62-period): SMA55/SMA62 envelope - medium-term consolidation zone
Red Band (144/233-period): EMA144/EMA233 envelope - long-term trend channel

5. VWAP (Volume Weighted Average Price)

White line representing the average price weighted by volume
Resets based on selected anchor period (Session/Week/Month/Year/All Time)
Critical reference point for institutional trading levels

6. Bollinger Bands

21-period SMA with 2 standard deviation bands (Cyan lines)
Measures price volatility and identifies overbought/oversold conditions
Helps identify potential breakout or mean reversion opportunities

Trading Applications

Trend Identification: Multiple MA/EMA crossovers confirm trend direction
Support/Resistance: Dynamic bands and VWAP provide key price levels
Volatility Assessment: Bollinger Bands measure market volatility expansion/contraction
Entry/Exit Timing: TEMA lines provide early trend reversal signals
Risk Management: Colored bands help visualize position relative to different timeframe trends