Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Short length | 20 | 1 to 500 |
| Long length | 50 | 1 to 500 |
| Short band multiplier | 2 | 0 to 100 |
| Long band multiplier | 2 | 0 to 100 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Histogram | Percent | Histogram | after 50 candles |
Questions
What are the default settings of BBTrend?
The defaults are Source: Close, Short length: 20, Long length: 50, Short band multiplier: 2, Long band multiplier: 2. You can change every setting on the live chart.
Can I use BBTrend for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.