The New BBTrend Indicator: Tutorial

In this detailed tutorial, we explore the BBTrend Indicator, an essential tool for technical analysts and traders. The BBTrend Indicator combines Bollinger Bands and the concept of trend analysis to provide a comprehensive view of market dynamics.
The BBTrend Indicator is pivotal for identifying trend directions and potential reversals. By leveraging Bollinger Bands, this indicator effectively captures volatility and price levels, offering traders a robust framework to make informed decisions.
The BBTrend Indicator is derived from Bollinger Bands, which consist of three lines: the middle band (a simple moving average), and two outer bands representing standard deviations from the moving average. The BBTrend Indicator calculates the position of the price relative to these bands, providing insights into market trends. It can be formulated as follows:
- Compute the middle Bollinger Band (SMA).
- Calculate the upper and lower bands (standard deviations).
- Determine the price's position relative to the bands.
- Use the BBTrend indicator to gauge the difference between two Bollinger Bands at once
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[@James-100]

Regardless of whether we add the BB Indicator to our charts, or not, I very much appreciate the informative Explainer Video. It is understood that buy/sell decisions depends on the trader.

[@TradingView]

Many more videos like this on the way, as well! Be sure to subscribe and we'll keep these videos coming.

[@user-wm1lx7eo8z]

So it's just Waddah Attar without MACD?

[@StalkStock]

Thanks for this video, i see DOM is been updated i want to know is there option to lock the view as it keeps changing(as per the current price) earlier we had a option to lock it.

[@fafawan]

Perform like Macd

[@ahmetkb]

❤

[@professorclever6487]

Hey TV team, how about an indicator that shows how the spread varies with time?

[@TradingView]

Could you explain this indicator in a little more detail? We may already have it

[@professorclever6487]

@TradingView I mean showing bid and ask lines on the candle stick chart, not just the current ones but for each bar, making it clear how the spread varies with time.

[@brainsb4emotions964]

Speaker volume is very low & it is good on other youtube videos. Please adjust it up.

[@TradingView]

Noted! We'll crank it up even more. Also make sure your volume slide on youtube is turned up and/or your computer volume.

[@blissofbeing]

When tick charts?

[@TradingView]

We are always working on new tools and indicators. This is coming and we'll announce it here when it's ready!

[@peppe_yo2463]

Make a screener like finviz please

[@TradingView]

We've got new screener tools and video tutorials on the way. Stay tuned. We'll post the videos here.

[@putisiernie]

Is that free? Or is for premium subscription only?

[@vishalpanchal5533]

Premium

[@Ven---revamped]

@@vishalpanchal5533 I added it to my chart without a premium subscription so idk

[@midrarullah1744]

Good

[@pagansonic3001]

👀

[@TradingView]

So you like it? :)

[@bashirpaikar1326]

Brah, drop “Jerome Powell” indicator.

[@TradingView]

lol

[@adreator]

Очередная хрень, а сделать нормальное отображение баров на графике не могут!!!!