Thursday, March 23, 2023
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BTF BB

Bigger Time Frame Bollinger Bands displays Bolinger Bands indicator data of a higher timeframe on the current one.

The indicator has nine adjustable parameters:

  • BB period – Bollinger Bands calculation period
  • BB deviation – Bollinger Bands deviation value
  • BB applied price – Bollinger Bands calculation price
  • BB timeframe – displayed Bollinger Bands timeframe
  • Drawing mode – indicator drawing type
    • Steps – as a ladder
    • Slope – inclined lines connecting two neighboring bars of the calculation timeframe
  • Show middle lines – show the Bollinger Bands middle line (Yes/No)
  • Show alerts – whether to enable alerts (Yes/No)
  • Send mails – whether to notify by email (Yes/No)
  • Send push-notifications – whether to send push notifications (Yes/No)

Signals are generated when the current Close price moves beyond the upper and lower Bollinger Bands

Fig.1. Bigger Time Frame Bollinger Bands, H4 data on the H1 chart, Drawing mode = Steps
Fig.2. Bigger Time Frame Bollinger Bands, H4 data on the H1 chart, Drawing mode = Slope
Fig.3. Bigger Time Frame Bollinger Bands, H8 data on the H1 chart, Drawing mode = Steps
Fig.4. Bigger Time Frame Bollinger Bands, H8 data on the H1 chart, Drawing mode = Slope