Thread: Predict breakouts and trend reversals using macd/bb%

Can't appear to get this anywhere on the interweb so thought I would create a post here to explain my egy.
You can use pretty much any of the decreased indiors but I find that the Stochastic, BB% and / macD works the best.
Most of us know the use of those indiors to find divergence but the cross pivots are almost never the true change points.
The authentic reversals / breakouts can be set by drawing at a very simple trend line.
Rules.
1. to 2. = Divergence
2. To 3. No divergence
/= Trend break on the quantity indior BEFORE it will on a price chart.
Input on the rest of construction
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When using the BB% indior exactly the very same rules apply as though you're using an easy Bollinger Band.
Rules.
1/ Mark the highs (or lows) Outside of this bolinger band subsequently the Inside. Normally the following inside high is higher than the exterior high which
comparative to the bollinger band indies a change. Remove the bollinger bands this is divergence. The Bollinger band is mirrored by the BB % indior.
I can better explain this with pictures.
Hope that this helps a Couple of peeps
enjoy

Looks interesting....who doesn t want it? Thank you subscribed!

Why don't you try CCI instead of MACD? Woodie's method for example.... Woodie's is known technique.

Originally Posted by ;

Why don't you try CCI rather than MACD? Woodie's method such as.... Woodie's is technique that is proven.

Cci is equivalent to BB% rsi they are pretty much the same, I trade Bollinger bands, BBpercent is a mirror image allowing me to change from the Bollinger bands and possess a blank chart. I would state Bollinger bands are a proven method when used properly. I understand nothing of cci egy?
Combine this with structured analysis it is a pretty good egy an easy to identify.

Eventually someone has submitted a egy that entails the use of the BB%.

That I really like this indi is just one of the few of many out there that can really pick out reversals with amazing precision.

Hello vdubus!
Can you please discuss your's BBpercent indi?
Best regards

Originally Posted by ;

Hi ! Can you please share your's BBpercent indi? Best regards

I discovered that the coding for this particular one, mt4 I modified it slightly incorporating my own changeable configurations.
Tradingview charts have an default option BBpercent indior, I also made my own version of this which you'll find below my profile - scripts

https://uk.tradingview.com/script/LK...B-REVERSAL-v4/

https://forexintuitive.com/attachmen...1652009251.mq4

Very Intriguing Vdubus..
Subscribed...
Thx.

Rob

Hey vdubus!
Thank u for this thread.

1st picture - this worked concept nicely!
However, 2st picture - not worked, perhaps I did it's not right?)

Originally Posted by ;

Hey vdubus! Thank u for this thread. 1st image - this functioned concept nicely! But 2st image - not worked, maybe I did it's not perfect?) image image

I dont see any divergence in your charts?as I understood you must take a position after fashion line brake when there was a divergence first