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Bollinger but Better

2 590
A better Bollinger Band with an average of 20 EMAs as pivot price, which makes its standard deviation way more sensitive compared to traditional Bollinger Band.

-- My Tips --
Long flat convergence suggests a big potential price movement.
Short quick convergence of short supportive ema(default: 10days) and upper band suggests a safe middle entry point.
Recommended auxiliary indicator: Wavetrend by Lazybear, which points out entry and exit points quite accurately in bull market.

-- PS --
This system is a hybrid of EMA Ribbons and Bollinger Band.

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