BB Alert Arrows Version: 1.0

BB Alert Arrows

BB Alert Arrows Indicator
BB alert arrows indicator for MT4 provides arrow based BUY and SELL forex trading signals, alerts based on Bollinger bands.

CATEGORIES: MT4, SIGNAL, INFORMATIONAL
Updated on: 21.10.2023

The BB alert arrows indicator for MT4 is a simplified version of the classic Bollinger bands indicator. The indicator does not display the Bollinger bands on the price charts. But it provides arrow-based forex trading signals upon bullish and bearish signals using the Bollinger bands. So, forex traders can BUY and SELL based on the arrow signals.

The indicator works well for new and advanced forex traders. New traders can use the arrow trading signals and trade immediately without any further need to refer to the trading rules of the classic Bollinger bands indicator. However, advanced traders can use complex trading strategies and combine them with other technical indicators. Additionally, technical forex traders can use the indicator to automate trading strategies.

The indicator works well in all intraday price charts and the daily, weekly, and monthly charts and is best suitable for top-down technical analysis.

BB Alert Arrows Indicator For MT4 Trading Signals
The above GBPUSD H1, candlestick price charts, show the BB alert arrows indicator for MT4 in action. The BB alert indicator plots yellow bullish and bearish arrow signals and alerts the traders by sound and email.

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