Bollinger Reversal Pro

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Regular Price $296 Special Price $237

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Product Description

One usually does not believe in simple things, but the simple may work very well. One of the most effective Bollinger Bands strategies is its simplest setup: Bollinger reversal. The logic is straightforward: a bullish signal is generated when the market bounces up from the lower band, while a bearish signal is produced when the market bounces down from the upper band. Despite its incredible simplicity, this strategy is super effective - as it is often said "the simpler, the better".

Our Bollinger Reversal Pro indicator recognizes the bouncing of price at upper/lower bands by checking if there is a candle with its part protruding from the Bollinger Bands by at least X ticks, where X is user-defined. This special algorithm makes sure that only the most substantial reversals are taken into account, hence increasing the probability of sustained reversing moves after the reversal candle.

Depending on your instruments and timeframes, you can set the offset of the Bollinger Bands to 2, 2.5, or even 3 standard deviations. The higher the offset, the fewer the signals but these signals tend to be of higher quality. The signals generated by Bollinger Reversal Pro are extremely reliable in sideways markets. They are also very valuable in trending conditions but you have to keep in mind that you only take signals in the direction of the prevailing trend: use only bullish reversals in an uptrend and only bearish signals in a downtrend. Don't trade against a major trend!

Dedicated NinjaScript signals:
  • Signal_State: 1 = above upper band, -1 = below lower band, 0 = inside
  • Signal_Trade: 1 = bullish, -1 = bearish, 0 = no signal

Software Changelog

  • 01 Jan 2023 - The indicator was released (build new).

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  1. product_image Bollinger Reversal Pro $$
    5 5

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  2. product_image Bollinger Reversal Pro $$
    5 5

    Great indicators and great customer service. Will buy again.

    I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.

  3. product_image Bollinger Reversal Pro $$
    5 5

    Market Speed and Global Zlert

    I'm an experienced trader who has bought the Market Speed and Global Zlert indicators. Detected an issue with the Market Speed indicator which was immediately solved by the support team. Global Zlert is the best alert indicator for NT8, no doubt about that. It would be amazing if said alert indicator could be applied not only to the price main panel but to trigger alerts based on other indicator panels (e.g. RSI 80/20...). Very satisfied with the purchase and great support service as well.

  4. product_image Bollinger Reversal Pro $$
    5 5

    High-quality indicators and outstanding customer service

    I have been purchasing and using indicators from ninZa.co since Larry Pi started his business with a website of about 10 indicators many years ago. And I have continued to purchase and use his indicators with additional purchases over the years. There are tons of trading vendors out there. Many I have tried and abandoned because they didn’t work and there was no customer service that I could easily email and get a prompt response for help. What makes ninZa.co so special is not just the high quality of the indicators, but the outstanding customer service and help. I have been working with Grace over the last 6 months, and she has provided prompt, cheerful, and most importantly, high-quality customer service. Larry is lucky to have her on his team! GO GRACE!!

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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