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Bollinger Bands - ALMA Edition
Bollinger Bands with Crossing Markers - A Small Simple Indicator as a Small Lightweight Supplement.
Green and red markers appear when the price breaks through the top and bottom of the bands, indicating weakening trend momentum and a possible correction or the beginning of a downtrend/uptrend. The BBand is excellent as the FIRST signal of weakening trends – it usually appears right after reaching extremes, i.e., after reaching the bottom or top of the local structure.
Green and red markers appear when the price breaks through the top and bottom of the bands, indicating weakening trend momentum and a possible correction or the beginning of a downtrend/uptrend. The BBand is excellent as the FIRST signal of weakening trends – it usually appears right after reaching extremes, i.e., after reaching the bottom or top of the local structure.
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