Quick TLDR Version:
If BBF is under 50 its considered . During downtrends, it will rarely spike above 50 (but when it does - thats a good shorting point). 50-60 is mildly territory but the trend might not sustain, and over 60 you should definitely empty your bags.
New features in this version include...
1.) Automatic Divergence Detection - When BBF disagrees with price action now it will show you! (also if its a divergence, do not long for the duration of it!) You must enable this in options to see it.
Also - there's no substitute for a human eye, and while this will point some divergences out, it will NOT catch them all. Divergences are sometimes leading indicators meaning that trend perhaps hasnt changed yet, but will soon.
2.) Ability to change more settings on the BB signaling system for more precise tuning. (in options)
3.) Signaling System now has red arrows for potential buy points and green for sell points. This automates the signaling system introduced in version 1.2. (show on the chart are profit calculations for these signals for the last 60+ days).
Always use proper risk management and understand no system is always 100% accurate!
Please join us in our telegram channel (link in my ) to receive free signals, free indicators, free information and free advice. Our team doesnt care if you purchase from us or not, we are here to build a helpful community!
3 day trials of BBF available, 3 trial spots left for this week.
P.S. BBF development still has more upgrade in the pipelines! All purchases are lifetime and entitle you to all future upgrades :)