The band deviations foreign exchange indicator produces purchase and auction alerts established on a set of bands, identical to Bollinger bands. Red arrow displays nearby or on top of the upper resistance band. The Blue arrows displays nearby or beneath the lower support band.
For purchase signal: Pause for a blue rapid signals arrow.
For an auction signal: Pause for a red rapid signals arrow.
Utilize this indicator in agreement with the comprehensive trend. Bands pointing downwards, exchange the auction arrows. Bands pointing upwards, exchange the purchase signals.
- This indicator is suitable for any preferred currency pairs.
- The recommended time frame for utilizing the indicator is one minute and beyond.
- All trading sessions can be utilized for a time period of thirty minutes and beyond. London and US trading sessions for time periods beneath the thirty minutes.
- Price, colors, bands deviations, sound alert and interpolate alert are the configurable options for this forex indicator.
The EUR/USD One Hour Instance Chart
Utilize this forex Indicator at your own risk. WindsorForex cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.