Basic triggers
For every indicator, you can find multiple triggers, which are different ways to trade (or create a signal) with the same indicator. Common triggers are explained below.
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For every indicator, you can find multiple triggers, which are different ways to trade (or create a signal) with the same indicator. Common triggers are explained below.
Last updated
The touch band considers the value of the Bollinger (or Band) at the close of the previous candle (since the current value is not known, as it has not closed yet). For better visualization on the TV chart, for this trigger, use a time offset of 1 to graphically visualize the cross.
Another example with the VWAP