Simple, Secure and Fast Signal System

Signal Name: BollingerBand + RSI 80 Alert Signal

Description:

This signal, titled "BollingerBand + RSI 80 Alert Signal," is designed to provide a clear warning when market conditions indicate a potential bearish reversal. The alert is triggered when:

1. Bollinger Bands: The price moves above the upper Bollinger Band, indicating that the asset may be overbought and nearing a potential correction.
2. RSI (Relative Strength Index): The RSI crosses above 80, further confirming an overbought condition.

When both of these criteria align, the signal generates an alert, helping traders anticipate a possible bearish trend and adjust their strategies accordingly.

This signal is particularly useful for traders monitoring bear market opportunities and can be applied across all time frames for both scalping and swing trading strategies.

Note: This signal is intended for educational purposes only and does not constitute investment advice. Users should practice proper risk management and verify signal conditions before making trading decisions.