Bully
Bully also belongs to the category of band-type indicators that reveal the market’s lower
boundaries. In other words, when the market initiates a decline, this indicator provides insights
into potential levels of descent.Its name itself implies that when the market reaches this band,
an opportunity to buy may arise. Furthermore, when the market enters the buying zone, we can
also incorporate basic candlestick patterns to make informed entry decisions.
As highlighted in the image by the yellow arrow, whenever a candle in a declining market goes
below and closes beyond this particular band, it signals a significant drop or selling activity in
that segment.
In essence, this indicative AI allows us to capitalize on both buying and selling advantages
based on prevailing market conditions.
The recommended time frame for its application is 30 minutes and beyond.No specific rules,
simply trade on signals.
boundaries. In other words, when the market initiates a decline, this indicator provides insights
into potential levels of descent.Its name itself implies that when the market reaches this band,
an opportunity to buy may arise. Furthermore, when the market enters the buying zone, we can
also incorporate basic candlestick patterns to make informed entry decisions.
As highlighted in the image by the yellow arrow, whenever a candle in a declining market goes
below and closes beyond this particular band, it signals a significant drop or selling activity in
that segment.
In essence, this indicative AI allows us to capitalize on both buying and selling advantages
based on prevailing market conditions.
The recommended time frame for its application is 30 minutes and beyond.No specific rules,
simply trade on signals.