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Analyze major trend using BBands indicator

March 15, 2015 10:39 pm

BBands Trender:

BBands indicator use for analyze the major trend, we get the alert about trend i.e. trend going to change, bullish trend and bearish trend. When start dots with green color the indicator give the signal that now bullish trend start and dots start with red color then bearish trend start. If any trader in buy position and dots start with red color then close buy trade. If any trader in sell position and dots start with green color then close sell trade.

BBands-Trender-Indicator

BBands-Trender-Indicator

Click here to see in large

Rule for buy and sell trade:

When dots start with green color the indicator indicate about the major bullish trend now start, in this condition buy trades always gives profit. When dots start with red color the indication is bearish trend now start, so sell position gives best profit on every trade.

Input settings:

Use of default setting BBands Trender gives the best indications about major trend, but if any trader change the setting of input and analyze the previous history then may be get more better results of trend indication.

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