This is a version where momentum is smoothed by the average of your choice and the bands have a choice of averages as well. Added coloring for when the momentum breaks from the bands. Also, you can choose what price you want to use to calculate momentum.traderokey wrote: Mon Dec 26, 2022 12:18 pm Thanks Mrtools for this version. Hopefully, you can figure out how to add the other advanced features in the new year.
I see good potential in this indicator expecially when combined with the other WPR indicator as a filter/confirmation.
Attachments forums
Re: Bollinger Bands type indicators for MT4
mrtools, Mon Dec 26, 2022 5:04 pm