In this chart you will see two indicators being used together, I believe they have potential.
The first indicator is price oscillator. My input settings are (short length=1, long length=20, Exponential)
The second indicator is bollinger bands. My input settings are (length=20, Source PPO, stdv=1, offset=0)
Am Still working on perfecting the settings but I figured I should share maybe it will accelerate the backtesting.
When The PPO line cross up its bullish and once the PPO line cross back into the BB then it's a sell signal.
The indicators combo works but be aware it can generate false info at times just like any other indicator.
Feel free to send suggestions.
Enjoy.
The first indicator is price oscillator. My input settings are (short length=1, long length=20, Exponential)
The second indicator is bollinger bands. My input settings are (length=20, Source PPO, stdv=1, offset=0)
Am Still working on perfecting the settings but I figured I should share maybe it will accelerate the backtesting.
When The PPO line cross up its bullish and once the PPO line cross back into the BB then it's a sell signal.
The indicators combo works but be aware it can generate false info at times just like any other indicator.
Feel free to send suggestions.
Enjoy.
Comment:
after testing, I made the BB length 1 and it became less choppy and more effective.