Banzai wrote: Thu Jun 16, 2022 9:29 am BB MACD zero
(on/off button)

BB = Bollinger Bands
MACD zero means that
if MACD is above zero, then draw a GREEN dot
else if MACD is below zero, then draw a RED dot.

If you see a bunch of green dots, go LONG/BUY
If you see a bunch of red dots, go SHORT/SELL

The line in the middle is the Moving Average. The default is SMA (20).
You can turn the price label of the Moving Average on or off.
If it's a downtrend, then the price label color is red.
If it's an uptrend, then the price label color is green.

For the Moving Average, 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.
The Bands are just standard deviations.

Watchout for Bollinger band squeezes. Trade on the breakout of the squeezes.

mrtools wrote: Thu Jun 16, 2022 1:46 am Think the candles should be fixed in this version.

mrtools wrote: Thu Jun 16, 2022 1:46 am Think the candles should be fixed in this version.

Banzai wrote: Thu Jun 16, 2022 9:29 am BB MACD zero
(on/off button)

BB = Bollinger Bands
MACD zero means that
if MACD is above zero, then draw a GREEN dot
else if MACD is below zero, then draw a RED dot.

If you see a bunch of green dots, go LONG/BUY
If you see a bunch of red dots, go SHORT/SELL

The line in the middle is the Moving Average. The default is SMA (20).
You can turn the price label of the Moving Average on or off.
If it's a downtrend, then the price label color is red.
If it's an uptrend, then the price label color is green.

For the Moving Average, 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.
The Bands are just standard deviations.

Watchout for Bollinger band squeezes. Trade on the breakout of the squeezes.

honje19960321 wrote: Thu Jun 16, 2022 9:16 pm Expect mr tools to add MTF to it

grateful

Banzai wrote: Thu Jun 16, 2022 9:29 am BB MACD zero
(on/off button)

BB = Bollinger Bands
MACD zero means that
if MACD is above zero, then draw a GREEN dot
else if MACD is below zero, then draw a RED dot.

If you see a bunch of green dots, go LONG/BUY
If you see a bunch of red dots, go SHORT/SELL

The line in the middle is the Moving Average. The default is SMA (20).
You can turn the price label of the Moving Average on or off.
If MACD is a downtrend, then the price label color is red.
If MACD is an uptrend, then the price label color is green.
The color of the price label is based on the MACD.
It's not based on the Moving Averages. It's confusing here.

For the Moving Average, 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.
The Bands are just standard deviations.

Watchout for Bollinger band squeezes. Trade on the breakout of the squeezes.

Banzai wrote: Fri Jun 17, 2022 4:20 pm Please use this new version.
The old version used too much CPU powers.

Attached is template to show you how to make double bands.