If someone can show me how to prevent multiple consecutive buy arrows and sell arrows I'd appreciate it. Fewer arrows would be nice. Just a single buy, followed by a single sell, followed by a single buy, single sell, etc.
Email me, my username at gmail. Thanks!
This will overlay standard Bollinger Bands, with these additions:
Blue Up Arrow - Buy Signal
Red Down Arrow - Sell Signal
To the right of the current price:
Horizontal Blue and Red Lines - These show you how close you are to getting the opposite signal. When blue is above red, you are in buy/hold territory. When blue is below red, you are in sell/wait territory. The purpose of these red and blue horizontal lines out in front of price is to show you how close you are to getting an opposite buy/sell signal.
The script isn't perfect, but I don't know what to do to get the tack lines to the right of price to be more accurate to the buy/sell arrows.
Email me if you have any ideas.