BB Trend Indicator

BBTrend is a relatively new indicator developed by John Bollinger for working with Bollinger Bands. It is one of the few indicators that can signal strength and direction, which makes it a very valuable tool for traders.

The calculations are quite simple. The default periods of 20 and 50 are displayed. The values are configurable.

Bottom = MathAbs(lowerBB(20) – lowerBB(50))

Top = MathAbs(upperBB(20) – upperBB(50))

BBTrend = (lower – upper) / middleBB (20)

  • Bullish trend = BBTrend above zero
  • Bearish trend = BBTrend below zero

The position above or below zero determines the strength or momentum of the trend.

  • Shorter Bands Period – a shorter period for the Bollinger Bands used in the calculations.
  • Longer Bands Period – the longer period for the Bollinger Bands used in the calculations.
  • iBands Shift – the “shift” used in the calculations of both longer and shorter Bollinger Bands (iBands).
  • iBands Deviation – the ” deviation” used in the calculations of both longer and shorter Bollinger Bands (iBands).


Free Download and Review BB Trend Indicator from Fxbotreview.com/
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