BK BB Horizontal Lines

29 thg 12, 2024

Indicator Description:

I am incredibly proud and excited to share my second indicator with the TradingView community! This tool has been instrumental in helping me optimize my positioning and maximize my trades.

Bollinger Bands are a critical component of my trading strategy. I designed this indicator to work seamlessly alongside my previously introduced tool, "BK MA Horizontal Lines." This indicator focuses specifically on the Daily Bollinger Bands, applying horizontal lines to the bands which is displayed in all timeframes. The Daily bands in my opinion hold a strong significance when it comes to support and resistance, knowing your current positioning and maximizing your trades. The settings are fully adjustable to suit your preferences and trading style.

If you find success with this indicator, I kindly ask that you give back in some way through acts of philanthropy, helping others in the best way you see fit.

Good luck to everyone, and always remember: God gives us everything. May all the glory go to the Almighty!

8 thg 1

Phát hành các Ghi chú

Update Regarding My TradingView Indicator

I was recently contacted by the Pinecoders team and asked to provide a clearer explanation of my indicator's functionality to avoid it being removed again. I had initially thought my explanation was sufficient, but I’d like to clarify further.

The chart example provided (using Bitcoin) showcases my indicator, BK BB Horizontal Lines, in action. The lines generated by the indicator are based on the Daily timeframe, and they persist on the chart regardless of the selected timeframe. As demonstrated, these lines serve as strong levels of support and resistance, particularly evident on the Daily timeframe.

The purpose of these lines is to assist traders in understanding their positioning, as well as in calculating and projecting potential buy and sell levels. This concept is similar to that of my other indicator, BK MA Horizontal Lines, which the Pinecoders team has approved, despite having nearly the same explanation and functionality.

I hope this additional clarification is helpful. Best of luck in the Jungles and I hope I helped add a baby Uzi to your arsenal.