Setting Manuals
1. Indicator settings
Band Period: the number of time periods (e.g., minutes, hours, days) used in the calculation of the moving average or the central line of the band-based indicator.
Fast length: the number of periods (e.g., days, hours, minutes) used to calculate the faster moving component of an indicator.
Smooth Length: the number of periods used to smooth or average the data points of an indicator.
Std deviation: a statistical measure that quantifies the amount of variability or dispersion around an average.
SL & TP
ATR Period for SL Shift: Adjust the period for ATR used in calculating the shift of the Stop Loss (SL).
SL Shift Coefficient (from ATR): Decide the coefficient by which the ATR affects the stop loss adjustment.
TP Coefficient (from SL): Determines how the Take Profit (TP) levels are calculated relative to the stop loss settings.
Max bars to calculate: the maximum count of past candlesticks considered by the indicator for its analysis.
STYLING:
Up Arrow Color: Chooses the color of the arrow indicating a bullish pattern completion.
Down Arrow Color: Chooses the color of the arrow indicating a bearish pattern completion.
Up/Down Arrow Size: Adjusts the size of the arrows on the chart for better visibility.
Display TP/SL on Chart: Toggles the visibility of the suggested take profit and stop loss levels directly on the chart.
TP Color: Sets the color for the take profit level line.
SL Color: Sets the color for the stop loss level line.
2. Alert Set-up:
To stay updated on potential trading opportunities, you can set up alerts within the MACD Bollinger indicator settings.
Step 1: From the indicator settings, customize your alerts by defining your desired parameters for buy and sell signals. The selected configurations will be used for notifications in Step 2.


Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView’s Alert icon.

Step 3: Select MACD Bollinger Pro from the “Condition” dropdown list

Step 4: A pop-up will appear as follows. Click on “Notifications”.

Step 5: Choose the types of notifications you’d like to receive, and click the “Create” button.

FAQ
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It works on ALL markets internationally that are available on Tradingview: FX, stocks, indices, commodities, futures, etc…
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