Lawyers Trend Pro

27 thg 4, 2021

This indicator basilcy has 2 sections

A. Lawyers Trend Pro
B. Lawyers Band


A. Lawyers Trend Pro

This indicator basicly using 2 different calculations average.

And you can see this average as line on this script.

This line has 2 functions

1. Buy and Sell Strategy

-İf the line colored BLUE this means you can BUY

-İf the line colored RED this means you can SELL



As you can see the picture you can buy and sell with this line

2. Support and Resistance Function

You can use the line as resistance and support.




B. Lawyer's Band


This indicator has 3 bands

1. Upper Band
2. Middle Band
3. Lower Band




1. Upper Band
Average of Moving Average of the Close (add Standard Deviations) and Highest price reached in the prior period

2. Middle Band

Average of upper and middle bands. And middle band also has BUY-SELL function. If middle band is blue you can BUY and if the middle band colored red you can SELL

3. Lower Band
Average of Moving Average of the Close(subtract Standard Deviations) and Lowest price reached in the prior period

Upper and Lower bands can be used for BUY&SELL strategy.

You can buy when price touches the lower band

You can sell when price touches the upper band



Indicator can work with long and short positions aswell




As you can see when price touches the lower band you can be LONG
and when the price touches the upper band you can be SHORT



When stock prices continually touch the upper Lawyers Band, the prices are thought to be overbought; conversely, when they continually touch the lower band, prices are thought to be oversold, triggering a buy signal. When using Lawyers Bands, designate the upper and lower bands as price targets.

18 thg 6, 2021

Phát hành các Ghi chú

This version we added this indicator
BUY and SELL Alert Conditions
You can add alerts for BUY and SELL