Dashboard Bollinger Band

The Dashboard Bollinger Band is a distinct indicator designed to enhance Forex trading by monitoring the Bollinger Band status of 28 pairs simultaneously. It introduces a color panel, alert, and notification feature that allows users to swiftly identify potential Bollinger Bounce opportunities. The device’s user-friendly graphic interface simplifies the process of tracking all 28 pairs and providing trading signals based on the Bollinger Bounce Rules, which include Overbought/Oversold and Bollinger Band Cross conditions.

Color Coding for Easy Understanding

One of the standout features of the Dashboard Bollinger Band is its color panel. It uses a straightforward color-coding system to signal various market conditions. The color Orange is used when the price is above the Bollinger upper band, indicating a secondary sell signal. Aqua implies that the price is below the Bollinger lower band, sending out a secondary buy signal. The color Red signifies a downward cross of the Bollinger upper band, indicating a main sell signal. Lime, on the other hand, indicates an upward cross of the Bollinger lower band, sending out a main buy signal.

Preparation Before Use

There are a few important steps to take before using the Dashboard Bollinger Band for the first time. When loading the Dashboard for the first time, it might take 3-5 minutes to download historical data. However, for subsequent loading, it only takes a few seconds. Moreover, it’s essential to have all 28 symbols in the Symbol window. To make the dashboard clean and easy to read, it’s recommended to apply the black template.

Customizable Input Parameters

The Dashboard Bollinger Band offers customizable input parameters such as sending alerts and notifications upon Signal, the Time Frame of the Bollinger Band, the Period of the Bollinger Band, the Deviation of the Bollinger Band, and the Applied Price of the Bollinger Band. Users also can adjust the suffix and prefix of their symbols, as well as the x-axis and y-axis positions of the dashboard.

Dashboard Objects and Notes

It’s important to note that once an alert/notification for a specific pair has been sent, the next alert/notification for that pair will only be sent during the next 5 minutes upon signal. Users can refer to the provided screenshots for more information about the dashboard objects and color legends.

FAQs

Where can I find independent testing of this product?

Independent testing for the Dashboard Bollinger Band can be viewed on the forexroboteasy.com website.

Can I subscribe to updates on the results of testing this product?

Yes, users can subscribe to updates on the testing results of this product.

Can I share my experience of using this product?

Yes, users are encouraged to share their experiences of using the Dashboard Bollinger Band. Sharing your experience can provide valuable information to other potential users.

This review is an independent evaluation of the Dashboard Bollinger Band. The text is written in the third person and does not contain the words “our” or “my” product.