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Re: Bollinger Bands type indicators for MT4

Banzai, Thu Jun 16, 2022 2:38 am

Banzai wrote: Tue Jun 07, 2022 7:21 am Bollinger Bands Rainbow
(on/off button)



For the method, you get to choose from the basic 4:
Simple Moving Average,
Exponential Moving Average,
Smooth Moving Average,
and
Linear Weighted Moving Average.

For the prices, you get to choose from the basic 7:
Close, Open, High, Low, Median, Typical, or Weighted.

You can choose to display 1 band, double bands, or multiple bands.

BB Rainbow BT.mq4
(36.33 KiB) Downloaded 20 times
BB = Bollinger Bands

Please use this newer version.
I was able to make the Moving Averages in 2 colors.
Green for short-term uptrend.
Red for short-term downtrend.

Best TimeFrame: H1 or higher
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