Paul Cryptoformation Magic Bands (PMB)

Magic Bands is a technical indicator developed specifically to optimize your medium and long-term investments. In addition to being an extremely powerful trend-following tool, it will give you potential market reversal points, enabling you to optimize your positions and take profits at the optimal times. This indicator can also be used to analyze time trends and detect range zones. Boost your crypto investments and act more serenely on the market with the Magic Bands!

Versionsinformation:

• New data table design. Moreover, it is now fully configurable.
  
• A few other design adjustments.
  

Versionsinformation:

• MAJOR UPDATE: Added compatibility with the traditional market (market selection is done in the indicator settings, via the "Market Selector")!
  

Versionsinformation:

• Corrected a display problem for some signals on smaller timeframes than daily.
  
• Small timeframes are now compatible with the traditional market. However, we still recommend using a timeframe of 12h or more, especially for the crypto market.
  
• Code optimization.
  

Versionsinformation:

Addition of an alerting system. This alert can be activated by setting the condition "Paul Cryptoformation Magic Bands (PMB)" and selecting "Any alert() function call". The alerts sent are as follows:

• Buy and sell signals (including early signals).
  
• Change from zone 9 to 10.
  
• Change from zone 8 to 9.
  
• Change from zone 3 to 2.
  
• Change from zone 2 to 1.
  
• Trend becomes Bullish/Bearish.
  

Other Updates:

• Range indication removed.
  
• Code optimization.