NoBullTradingGroup

SD Pivot v1

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How to use the indicator:
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Main base of the indicator is Bollinger bands .

This indicator works on volatility change in the market.

The arrows which print above and below the candles are a pre warning of volatility change

The highlighted candles are calculated of the market average price ( this is used as an entry candle after the close)

For a buy condition arrows will print under a candle the trader must wait until there is a change of colour on the candle close. (average price becomes bullish )

For a sell condition arrows will print above a candle the trade must wait until there is a change of colour on the candle close. (average price become bearish )

Entry timeframe is the 15 minute chart higher timeframes should be check for confluence


Note:
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This should not be used on its own but with other indicators to complete a system

Please see our links below to use this system

Disclaimer:
As with any indicator there comes risk with prediction and no indicator can be 100% right.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact NoBullTradingGroup for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it until you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Public Library.

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