Keenbase Trading » Products » Metatrader Indicators » KT Bollinger Bands Shots indicator

KT Bollinger Bands Shots Indicator 
MT4 | MT5

kt bollinger band shots logo

-- Lifetime Access --

Also available on MQL5

Release date:February 11, 2022
Last updated:January 24, 2023
Current version:1.5
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Update Log

KT Bollinger Bands Shots indicator works using a striking blend of the slingshot pattern and the mean-reversion phenomenon applied to financial markets.

In addition, a mathematical algorithm is used with variable deviation to fine-tune the indicator's signals on a different level.

Winning Trade: After a signal, if price touches the middle band in profit, it is considered a winner.

Losing Trade: After a signal, if price touches the opposite band or touches the middle band in loss, it is considered a loser.

!Both scenarios are accounted for in performance metrics and shown on the chart in real-time.

"If the probability of price reaching the middle band is 65% or more, it is considered very high due to the self-criticizing nature of the deployed algorithm."

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