Re: Bollinger Bands type indicators for MT4
Posted: Mon Oct 31, 2022 12:40 am
Looks goodsal wrote: Sun Oct 30, 2022 5:16 pm Dear Benzai
can you please add level 123 button with fib level... if you have kindly share..
Looks goodsal wrote: Sun Oct 30, 2022 5:16 pm Dear Benzai
can you please add level 123 button with fib level... if you have kindly share..
Hi mrtoolsmrtools wrote: Thu Oct 27, 2022 9:19 am MOBO Bands (Momentum Breakout Bands)
The "Mobo Bands" oscillator are the Bollinger Bands but with an adjusted Standard Deviation. It's used for finding breakout trading signals and are designed to work on the 1 Hour chart and higher.
Hi KosmosDaBas,
Made a mt4 version, think it might be pretty close.
mrtools wrote: Fri Oct 28, 2022 7:04 am Added the signal line, averages for the bands and signals, alerts, and arrows.
honje19960321 wrote: Mon Oct 31, 2022 5:02 am Backtested indicator or trading system: ! Mobo average bands (mtf + alerts + arrows)
Backtest Trading Method: Use Soft4fx
Historical date of backtesting: default August 2003
Number of transactions: 25 times
Trading lot: 1 Lot
Stop loss: 20-50 pips
Total Earned Profit: 3068.18
Trading rules:
DPO is above the 0 line, the color is green, and the MA breaks through the Bollinger Band to buy long.
DPO is below the 0 line, the color shows red, and the MA breaks through the Bollinger Bands to buy short.
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Hi KVSMSTF_19,
Dear vvFish can u share your setup? looks great
can we get an additional 3rd colour feature, which shows a grey (as example) colour when the MA is inside the bands?
good ideaPumbaPLS wrote: Mon Oct 31, 2022 11:53 pm can we get an additional 3rd colour feature, which shows a grey (as example) colour when the MA is inside the bands?