INVITE-ONLY SCRIPT
MTF BB%+ [Overlay] [Intromoto]
Updated
This indicator is based around BB%, essentially showing where deviations are within price over time. This is the overlay version, better to see the precise candle signals.
Plotshapes are printed when exiting extremes of the deviations, back towards the mean.
Arrows indicate an increased likelihood of price reverting direction. Red arrow =bearish, green arrow = bullish. Dots below candles = bullish, above candles = bearish.
Dots on the top and bottom of the candles show a sub level of reversion that would be perhaps less extreme than when price reenters the norm from the normal standard deviation.
Users can also change the timeframe of the indicator for high time frame signals.
Barcolors for plotshapes included.
DM for access
Thanks
Plotshapes are printed when exiting extremes of the deviations, back towards the mean.
Arrows indicate an increased likelihood of price reverting direction. Red arrow =bearish, green arrow = bullish. Dots below candles = bullish, above candles = bearish.
Dots on the top and bottom of the candles show a sub level of reversion that would be perhaps less extreme than when price reenters the norm from the normal standard deviation.
Users can also change the timeframe of the indicator for high time frame signals.
Barcolors for plotshapes included.
DM for access
Thanks
Release Notes
Added user inputs for plotshape variablesRelease Notes
Added ability to change MA typeRelease Notes
Removed oscillator plots. Prevented overlapping signalsRelease Notes
Added alertsRelease Notes
Removed extraneous data points from oscillator version. Updated to v5.Release Notes
Added Alerts for Purple / Orange plotshapesInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Intromoto for more information, or follow the author's instructions below.
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Want to use this script on a chart?
Warning: please read before requesting access.
DM for access.
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