Bollinger Band Volume Breakout Detector

The Bollinger Band Volume Breakout Detector technical indicator specially designs for the most popular Bollinger Band Breakout Strategy. It is a trend following strategy. That popular strategy augmenting with Volume Data can avoid false signals. This is where “volume confirms price” comes in. Using this great indicator can easily identify at the same time price breakout and meaningful increase in volume. If volume does not “/confirm/i” the price, then we wait for better signal. On the other hand, this fully customizable Bollinger band indicator can improve your own trading strategies with volume data.

Strategy

• 2x the 22 day trading day volatility and recent volume was 1.2x higher than the 22 day average
• End of day rate is above (below) the breakout threshold for entry
• End of day rate is below (above) the 22-day SMA for exit
• Trade daily at the 16:00 GMT rate

Features

• Fully customisable bollinger band
• Volume battle included to SMA using different colors to easily identify
• Notify by Mobile, Popup and Email alert 
• when volume breakout the 22 day average
• when price breakout the upper or lower band
• Each notification method Activate/ Deactivate function
• Indicator data show in  an additional Data panel
• Suitable for every symbol

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