Bollinger Bands Sr V2

📊 Identifies support and resistance zones using Bollinger Bands.
⚡ Non-repaint, reliable signals for trading decisions.
🔄 Beginner-friendly for intraday and short-term strategies.
🖥️ Compatible with MT4 platform.
⏱️ Works on M15–M30 & H1–H4 timeframes.
🆓 Free and easy-to-use Forex indicator.

📊 Support & Resistance Levels – Identifies potential support and resistance zones using Bollinger Bands.
Non-Repaint – Provides reliable signals without repainting past data.
🔄 Beginner-Friendly Intraday Trading – Suitable for new traders and short-term strategies.
🖥️ MT4 Platform Compatible – Easily integrates into MetaTrader 4 charts.
⏱️ Timeframe Flexibility – Works on M15–M30 and H1–H4 charts for better trend analysis.
🎯 Entry & Exit Guidance – Helps traders spot reversal points and continuation patterns.
🆓 Free Tool – Available at no cost for traders of all experience levels.

Input Settings & Controls

  • BBDrawBands → Enables or disables the drawing of Bollinger Bands on the chart.

  • Bands DrawRange → Defines how many bars/candles the bands will be drawn for.

  • Bands Shift → Horizontal shift applied to the bands on the chart.

  • Bands Deviations → Standard deviation multiplier used for Bollinger Bands width.

  • BandsAlert BoxOn → Toggles on-screen alert boxes when band conditions are met.

  • Band Sound Alert HighOn → Enables sound alerts when price touches/exceeds the upper band.

  • Band SoundAlert LowOn → Enables sound alerts when price touches/falls below the lower band.

  • Wave Band Name → Custom name or label for the first Bollinger Band set.

  • Wave BandName2 → Custom name or label for the second Bollinger Band set (if used).

  • BBAlarmDelay → Time delay between consecutive alerts to avoid repetition.

  • BBCandle Alert Range → Candle range within which alerts for Bollinger Bands are checked.

  • BandsMAPeriod → Number of periods used for the moving average in Bollinger Bands.

  • BBMovingAverage → The type of moving average used to calculate Bollinger Bands (e.g., SMA, EMA).

  • BBMovingAverage Settings → Additional settings/configuration for the Bollinger Bands’ moving average.

  • BBAppliedPrice → Price type used for calculation (close, open, median, etc.).

  • BBAppliedPrice Settings 1 → Extra option for refining applied price calculation (variant 1).

  • BBAppliedPrice Settings2 → Extra option for refining applied price calculation (variant 2).

  • BBTime → Timeframe applied to the Bollinger Bands (may differ from chart timeframe).

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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