Re: Bollinger Bands type indicators for MT4
Posted: Sat Oct 29, 2022 7:58 pm
G CHANNEL. all , i hide yellow line
Bollinger Bands type indicators for MT4
Page 137 of 193
Re: G channel
Posted: Sat Oct 29, 2022 8:21 pm
As soon as the high-low price of the candle touches the band, the candle should be drawn. This means that the price range of the candle is crucial so that the candle can be drawn. Then you could also add a filter to determine the distance.mrtools wrote: Sat Oct 29, 2022 10:22 am Sounds good, but how to determine when they resume the trend?
Re: Bollinger Bands type indicators for MT4
Posted: Sat Oct 29, 2022 8:50 pm
Squeeze EMA
Re: G channel
Posted: Sat Oct 29, 2022 9:52 pm
Sure, I agree you, however, I don’t advice to used it for every onemrtools wrote: Sat Oct 29, 2022 10:22 am Sounds good, but how to determine when they resume the trend?
I am trading more than 12 years. I have idea how to used, later I’ll show you how I am using this indicator after while
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 12:23 pm
honje19960321 wrote: Sun Oct 09, 2022 11:46 pm G channel is a channel indicator with 3 lines- a middle line representing a central tendency and 2 Upper and Lower boundaries calculated based on the past values of same indicator.
Its based on the paper "Recursive Bands - A New Indicator For Technical Analysis" by Alex Grover and is a code conversion from TradingView.
The channel breakout of Upper or Lower boundaries represent a new trend or trend continuation while narrowing of bands represents ranging or low volatility conditions.
The channel can prove to be a good indicator of a trend direction and also a guide for trailing of stop loss.
It has only 2 variables.
Channel period - default set to 100. Price type.
G Channel Multiple
Coder: fxthegreat
Released date: Oct. 9th, 2021
inspired by sal's setting, I give you this indicator.
------------------------------
So how do you trade?
When you see the price is above the yellow middle line,
and all red lines converge closely together, go LONG.
Vice versa for green lines.
------------------------------
DOWNLOAD:
ZigZag_HH-HL-LH-LL_B BT sw.mq4
viewtopic.php?p=1295494103#p1295494103
Level Trading 123 BT.mq4
viewtopic.php?p=1295479534#p1295479534
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 1:00 pm
Great job, well done. Look as beautiful as GMMABanzai wrote: Sun Oct 30, 2022 12:23 pm G Channel Multiple
Coder: fxthegreat
Released date: Oct. 9th, 2021
inspired by sal's setting, I give you this indicator.
------------------------------
So how do you trade?
When you see all red lines converge closely together, go LONG.
Vice versa for green lines.
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 4:03 pm
[quote=Banzai
hai bro..
Thanks for your positive way to improve G CHANNEL. Great Job..
We need to upgrade based on price action, pivot level and fib level...
I am studying which is the best that can use to get the s/r level and breakout level after retesting situation..
hai bro..
Thanks for your positive way to improve G CHANNEL. Great Job..
We need to upgrade based on price action, pivot level and fib level...
I am studying which is the best that can use to get the s/r level and breakout level after retesting situation..
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 4:18 pm
Banzai wrote: Sun Oct 30, 2022 12:23 pm
Coder: fxthegreat
Released date: Oct. 9th, 2021
inspired by sal's setting, I give you this indicator.
------------------------------
So how do you trade?
When you see the price is above the yellow middle line,
and all red lines converge closely together, go LONG.
Vice versa for green lines.
------------------------------
Respected Banzai Sir,
Welcome back. You came on forum after such a Long Time.
We missed you....And we missed your Buttons.
Thanks a Lot for Introducing buttons on forum. Thanks a Lot for all your shares.
Thanks for your Efforts, Kindness, Shares.
Thanks a Lot.
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 4:20 pm
i add pivot 1hr classic and merge with EMA pullback meyney's tpl
we can trace here and plot slope lines !!!
pivot lines are below and clear trend directions as well..
we can trace here and plot slope lines !!!
pivot lines are below and clear trend directions as well..
Re: Bollinger Bands type indicators for MT4
Posted: Sun Oct 30, 2022 5:16 pm
Dear Benzai
can you please add level 123 button with fib level... if you have kindly share..
can you please add level 123 button with fib level... if you have kindly share..