The NinjaTrader Custom Bollinger Band Switch indicator is designed to use the Custom Bollinger Bands in the way our Super Trend uses Moving Averages. When price exceeds the upper bands, the trailing stop / Super Trend becomes the max of the prior trailing stop or current lower band (and vice versa for down trends). As with our Custom Bollinger Bands indicator, the user is able to select any one of the Moving Averages that we offer.
The Custom Bollinger Band Switch is built on our Moving Average Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. To preview “The Framework” that makes our indicators a necessary part of every traders arsenal, please review the following video: