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Re: Bollinger Band type indicators for MT4

mrtools, Mon Jan 22, 2018 4:03 am

andreatrade1 wrote: Sun Jan 21, 2018 10:38 pm mntiwana,

please see the attached picture.
EURUSDH1 Bands.png


The orange bands are Bollinger Bands and the indi in the first window ( orange indi ) is the Band Distance variation of that bands.
The skyblue/violet bands are Standard Error bands and the indi in the second window ( skyblue indi) is the Band Distance variation of that bands.
The Green bands are Jurik Bands and what I need is a similar indicator representing the Band Distance variation of that bands in similarity to the others.

Hope is clear now.

The problem with me is not really understanding exactly what the distance variation is doing in the code, anyway made this version of a smoothed deviation, kinda similar and in a way oscillator like.



BDV mtf.mq4
BStandardError mtf.mq4
jurik bands.mq4
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