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High TF Bollingers
Part of the PPA indicator set
Bollinger Bands are a standard part of most charting platforms and is exceptionally useful to see when the market is likely to either mean revert or breakout. The higher time-frame (HTF) Bollinger bands used in this system is based on a 40 period moving average with bands representing the 2 and 3 standard deviation levels calculated on a higher timeframe and used in conjunction with the default time-frame Bollinger bands to identify mean reversion opportunities.
How can the indicator be used?
Find mean reversion entries
Input to your manual trading
Identify overbought/oversold zones
Input to your automatic system
With a BSc in Business Information Technology, Juan traded a 7-year career as a Systems Analyst for full-time trading. Through logic and methodology, Juan's created numerous successful trading systems and indicators. His contributions to ProRealTime are a testament to his expertise, making him a respected figure in the community.