RyanHJ Indicator

Buy conditions 1

Coloured dot forms on upper bollinger band with bullish candlestick

Wait for next bar low to go below candle with the dots low and place trade at end of 30 minute bar close

Buy conditions 2

Coloured dot forms on upper bollinger band with bearish candlestick

Can place immediate trade with take profit at high

Buy conditions 3

Coloured dot forms on upper bollinger band with bullish candlestick

Next bar low does not go below with the dots low but a subsequent candletstick does go below the low.

Wait for bar close to place trade and place take profit at high with dot

Stop loss

Close trade if an arrow appears on lower bollinger band and then on next bar the low is reached.

Trade weights

Red is 4

Orange is 3

Yellow is 2

Grey is 1