ROC indicator with Bollinger bands

• 03/08/2021 at 4:53 PM #163488
  coenw

  Recently I noticed the IWO Turning point indicator as available for Tradingview: https://www.tradingview.com/script/Gn1EJ6Yq-IWO-Turning-Point-Indicator/

  The idea is the use of the ROC indicator (10) with two  linked long term bollinger bands. Period 252 days (year) and a BB with 1 standard deviation and another BB with 2 standard deviations.
  I have looked on this forum but could not find a similar kind of indicator.
  Does anyone have any suggestions?
  Thanks in advance.

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  coenw

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  03/08/2021 at 5:11 PM #163493
  Nicolas

  Just add a ROC indicator on the chart, then add 2 Bollinger Bands with different standard deviation, like I did in the attached picture.

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  Nicolas

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  03/11/2021 at 11:11 AM #163820
  coenw

  Dear Nicolas,

  Thanks a lot for your feedback. Much appreciated!

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  coenw

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