KT Bollinger Bands Shots Indicator 
MT4 | MT5

Key Features

• The indicator performs analysis of BB shots signals and shows the probability of the upcoming signals closing in profit.
• Exit points are marked on the chart for each of its signals.
• Real-time analysis of signals statistics using a self-criticizing mathematical model.
• Included the alerts for the possible exits after a signal.
• A vibrant color scheme for better visualization of various indicator events.
• All Metatrader alerts included. 
  
  

Inputs

• History Bars:  Number of bars to include in the indicator's calculation.
• Bollinger Bands Settings:  Period, Deviation, and Shift.
• Mark Exit Points:  If true, the indicator marks the possible exit points.
• Exit Alerts:  If true, the indicator also send alerts for the possible exit opportunities. 
• Signal Stats Analysis:  If true, the indicator shows the signal stats and winning probability on the chart.
• The rest of the inputs are self-explanatory.

What is Mean Reversion

KT Bollinger Bands Shots indicator is based on a mean reversion theory, which states that an asset price will eventually converge to its mean price over time.

We combined the mean reversion theory with a unique pattern identification algorithm that detects the turning points precisely.