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Bullmarket Support Band Relation

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This Indicator based on the Bullmarket Support Bands indicator and extends it to print the EMA50 value as reference.
Based on the relations of bands to reference, price to reference and band direction this indicator caculates the trending direction of 4 alternative time frames. The timeframes can be changed in the settings of this indicator.
So this indicator can be used to define specific entry scenarios. Of Example when the price breaks the bands or reference line in the overlaying direction.

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