Neon Quad Bollinger + Dual Supertrend🔥 Indicator Description
Neon Quad Bollinger + Dual Supertrend
This indicator combines volatility structure, momentum leadership, and trend regime filtering into one clean visual system.
It is designed to answer three trading questions at the same time:
Is the market trending or ranging?
Who is leading price — fast money or slow money?
Is volatility expanding in a tradeable direction?
Nothing repaints. No guessing. No clutter.
🧱 COMPONENTS (What each part means)
1️⃣ Quad Bollinger Structure (High / Low, EMA / WMA)
You are running four Bollinger envelopes:
EMA High
WMA High
EMA Low
WMA Low
Instead of filling inside bands, you are filling between WMA ↔ EMA, which creates pressure ribbons.
What the ribbons mean
WMA leads EMA → fast money
EMA lags WMA → slower institutional positioning
🟢 Green ribbons (High-based)
Show upside volatility pressure
🔴 Red ribbons (Low-based)
Show downside volatility pressure
Ribbon expansion = momentum building
Ribbon compression = energy storing
This is not mean reversion Bollinger logic — this is volatility leadership.
2️⃣ Basis Supertrend (Fast Regime Filter)
This is a simple SMA-based supertrend:
Green when price is above
Red when price is below
Purpose:
Filters chop
Shows immediate bias
Helps with scalp & intraday alignment
Think of it as “Are we allowed to look long or short right now?”
3️⃣ 233 SMMA Supertrend (Macro Trend Anchor)
This is the anchor of the entire system.
Extremely slow (233 smoothed MA)
Color flips ONLY when the 55 EMA crosses
Immune to noise
Shows macro regime shifts
This line tells you:
“Are we in accumulation, expansion, or distribution?”
You do not fight this line.
🧠 HOW TO TRADE IT (REAL SETUPS)
🔹 SETUP 1: TREND CONTINUATION (Highest Probability)
Conditions
233 SMMA Supertrend = 🟢 GREEN
Basis Supertrend = 🟢 GREEN
Green Bollinger ribbons expanding
Red ribbons compressed or fading
Entry
Pullback into the basis supertrend
Or first candle closing back inside expanding green ribbons
Stop
Below basis supertrend
Or below last red ribbon expansion
Target
Ride until:
Green ribbons compress
OR basis flips red
📌 This is your core money maker.
🔹 SETUP 2: VOLATILITY BREAKOUT (Compression → Expansion)
Conditions
Green and red ribbons both tight / overlapping
233 SMMA already defined (green or red)
Basis aligned with SMMA
Entry
First strong ribbon expansion in SMMA direction
Stop
Inside compression zone
Target
Until ribbon width peaks and starts narrowing
📌 This catches explosive moves early.
🔹 SETUP 3: EARLY TREND REVERSAL (Advanced)
Conditions
Price approaching 233 SMMA
Ribbons begin expanding against prior trend
Basis flips first
SMMA flips later (confirmation)
Entry
On SMMA color flip
Or aggressive traders: on ribbon dominance shift
Stop
Other side of SMMA
📌 Fewer trades, bigger moves.
🔹 SETUP 4: NO-TRADE ZONE (Just as Important)
Do NOT trade when:
Basis and SMMA disagree
Ribbons are flat and alternating
Price whipsaws through both supertrends
📌 Capital preservation is a signal.
🧩 TIMEFRAME GUIDANCE
Scalping: 1–5 min (use basis heavily)
Day trading: 5–15 min (ideal)
Swing trading: 1H–4H (SMMA dominates)
The indicator scales extremely well.
🧠 WHY THIS WORKS (Conceptually)
Most indicators:
React to price
This system:
Measures who is in control
Shows volatility intent
Filters false momentum
The WMA↔EMA spread is something most traders never see — that’s your edge.
⚠️ FINAL TRADING RULES (Tattoo These)
Trade with the 233 SMMA
Let ribbons expand before committing size
Avoid trades when structure disagrees
One good trade > five forced trades
📐 RULE-BASED SYSTEM
Neon Quad Bollinger + Dual Supertrend
🧭 MARKET STATE DEFINITIONS (Non-Negotiable)
🔵 TREND STATE (Macro)
BULLISH → 233 SMMA Supertrend = NEON GREEN
BEARISH → 233 SMMA Supertrend = NEON RED
👉 You only trade in the direction of this state.
🟡 PERMISSION FILTER (Micro)
BULLISH PERMISSION → Basis Supertrend = GREEN
BEARISH PERMISSION → Basis Supertrend = RED
👉 If permission ≠ macro → NO TRADE
🟢 LONG RULES (Exact)
✅ LONG BIAS CHECK
ALL must be true:
233 SMMA = GREEN
Basis Supertrend = GREEN
If either fails → NO LONGS
✅ LONG SETUP (STRUCTURE)
ALL must be true:
3. Green Bollinger ribbons expanding
Distance between:
WMA High Upper ↔ EMA High Upper increasing
WMA High Lower ↔ EMA High Lower increasing
Red ribbons flat or contracting
Price above or pulling back into basis supertrend
🎯 LONG ENTRY
Enter LONG when:
A candle closes bullish
AND closes inside or above expanding green ribbons
AND does not close below the basis line
📌 No candle close = no entry.
🛑 LONG STOP
Choose ONE:
Below basis supertrend
OR
Below most recent red ribbon expansion low
Whichever is closer but logical.
🎯 LONG EXIT
Exit when ANY occurs:
Basis supertrend flips RED
Green ribbons stop expanding and compress
Price closes below basis
🔴 SHORT RULES (Exact)
✅ SHORT BIAS CHECK
ALL must be true:
233 SMMA = RED
Basis Supertrend = RED
If either fails → NO SHORTS
✅ SHORT SETUP (STRUCTURE)
ALL must be true:
3. Red Bollinger ribbons expanding
Distance between:
WMA Low Upper ↔ EMA Low Upper increasing
WMA Low Lower ↔ EMA Low Lower increasing
Green ribbons flat or contracting
Price below or pulling back into basis supertrend
🎯 SHORT ENTRY
Enter SHORT when:
A candle closes bearish
AND closes inside or below expanding red ribbons
AND does not close above basis
🛑 SHORT STOP
Choose ONE:
Above basis supertrend
OR
Above most recent green ribbon expansion high
🎯 SHORT EXIT
Exit when ANY occurs:
Basis supertrend flips GREEN
Red ribbons compress
Price closes above basis
🚫 ABSOLUTE NO-TRADE RULES
Do NOT trade if:
233 SMMA and Basis disagree
Ribbons overlap tightly (compression)
Green & red ribbons expand simultaneously
Price chops through both supertrends
📌 Flat market = professional patience.
⏱ TIMEFRAME RULES
Best: 5m–15m (crypto / indices)
Scalp: 1–3m (only with strong ribbon expansion)
Swing: 1H–4H (ignore basis noise, obey SMMA)
🧠 POSITION MANAGEMENT (Rule-Based)
Risk ≤ 1% per trade
Partial at first ribbon compression
Runner only while:
Macro trend intact
Ribbon dominance remains
🧩 WHY THIS SYSTEM IS ROBUST
SMMA = regime (no noise)
Basis = execution timing
WMA↔EMA spread = who is leading
Volatility confirms intent, not prediction
This is trend participation, not guessing tops or bottoms.
📌 SUMMARY (Tattoo Version)
Trade only with SMMA
Enter only with basis permission
Expand → trade
Compress → wait
Disagreement → stand down
Indicador Pine Script®
