RSI BB ANALYTICS
RSI BB ANALYTICS indicator uses Bollinger bands as threshold levels for line parametric OnChart RSI. Since RSI and Bollinger bands are searching for the same signals (overbought / pereprodannosti), this hybrid allows the indicator to calculate the most appropriate time to enter the market based on Bollinger Bands, RSI indicator, as well as the volatility.
acceptable risk level is recommended that the 1%. This means that about 30% of the price must be outside Bollinger bands for a predetermined time (20). Using Onchart RSI line with the period of 4 help to open positions at the right time when prices are outside the Bollinger bands.
RSI BB ANALYTICS can be used in the currency and commodity markets.
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