OGT Bollinger Bands Trend Indicator

What Is The OGT Bollinger Bands Trend Indicator?

This indicator is a pullback trend trading indicator which uses the following indicators:

- 200 EMA - Long Term Trend Direction
- 30, 35, 40, 45, 50, 60 EMAs - Shorter Term Trend Direction
- Bollinger Bands - Pullback / Entry Signal

How Are Signals Generated?

Buy

- Price above the 200 EMA
- Price touches lower BB with shorter term EMAs all aligned (not crossed)
- Indicator waits for price to close above midpoint BB with shorter term EMAs all still aligned (not crossed)

Sell

- Price below the 200 EMA
- Price touches upper BB with shorter term EMAs all aligned (not crossed)
- Indicator waits for price to close above midpoint BB with shorter term EMAs all still aligned (not crossed)

Alerts function built in, input settings customisable to show/not show indicators and change colours.