Blog : BBTrend Indicator
BBTrend
BBTrend is an indicator developed by John Bollinger, designed to be used alongside Bollinger Bands. It analyzes the strength and direction of the trend using two separate Bollinger Bands calculations, one long and one short. The BBTrend indicator presents the calculation as a histogram. Values above zero indicate a bullish trend, while values below zero signify a bearish trend. The distance from zero reflects the strength or momentum of the trend.
| BBTrend Inputs | |
|---|---|
| Short BB Length | 20 |
| Long BB Length | 50 |
| StdDev | 2.0 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| bbTrend crossover 0 | bbTrend crossunder 0 | bbTrend crossunder 0 | bbTrend crossover 0 |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| bbTrend > 0 | bbTrend < 0 | bbTrend < 0 | bbTrend > 0 |