Bermaui Variety Averages Bands [Loxx] is a reverse Bollinger Bands indicator with Loxx's Variety Moving Averages and Loxx's Expanded Source Types.
What are Bermaui Bands? Bermaui Bands (BB) is a technical analysis tool that help filter between ranging and trending price movements. A buy signal is made when price crosses above the upper band, a sell signal is made when price crosses below the bottom band. The idea is when the bands are far apart, this is low volatility; when the bands are close together, this is high volatility.
Included
Loxx's Expanded Source Types
Loxx's Moving Averages
Alerts
Signals
ملاحظات الأخبار
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Added background markings to better see signals.
Added continuation longs/shorts to increase signal volume. This addition adds a lot of noise so by default these continuation signals are not shown. This is for advanced users.