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Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 10:21 am
by mrtools
256robertm wrote: Thu Dec 14, 2023 8:47 am
Yes it shows the first close. I mean the option to have alert on every candle that closes above or below channel
Try.
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 10:49 am
by 256robertm
Thanks the arrows are showing up perfectly. When i run it in the strategy tester the alerts on chart and journal timestamp were different.....is that normal?
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 12:03 pm
by mrtools
256robertm wrote: Thu Dec 14, 2023 10:49 am
Thanks the arrows are showing up perfectly. When i run it in the strategy tester the alerts on chart and journal timestamp were different.....is that normal?
Maybe closer to the same with this version.
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 12:26 pm
by 256robertm
mrtools wrote: Thu Dec 14, 2023 12:03 pm
Maybe closer to the same with this version.
It looks like it only shows the first transition to buy to sell signal in the strategy tester.....but shows all the arrows on chart im just not sure its giving alerts on all the arrows or not..........in the picture the arrows with the line going through is the one strategy tester shows
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 12:47 pm
by mrtools
256robertm wrote: Thu Dec 14, 2023 12:26 pm
It looks like it only shows the first transition to buy to sell signal in the strategy tester.....but shows all the arrows on chart im just not sure its giving alerts on all the arrows or not..........in the picture the arrows with the line going through is the one strategy tester shows
Sorry last try, think i had the alerts function call in the wrong spot.
ps) if wanting the values to show better, would recommedt to download again.
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 1:12 pm
by 256robertm
mrtools wrote: Thu Dec 14, 2023 12:47 pm
Sorry last try, think i had the alerts function call in the wrong spot.
Thanks for your effort but it still not showing all the signals in the journal in strategy tester
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 1:25 pm
by mrtools
256robertm wrote: Thu Dec 14, 2023 1:12 pm
Thanks for your effort but it still not showing all the signals in the journal in strategy tester
Might want to redownload was probably editing my earlier download and get this when back testing.
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 1:41 pm
by mrtools
mrtools wrote: Thu Dec 14, 2023 1:25 pm
Might want to redownload was probably editing my earlier download and get this when back testing.
Apparently, I totally misunderstood your post and am not able to add an arrow on every single bar outside the keltner bands, sorry for the waste of time. How would this be useful in your trading?
Re: Bollinger Bands type indicators for MT4
Posted: Thu Dec 14, 2023 2:00 pm
by 256robertm
The way you did wouldve worked if alerts worked with the arrows plotted on chart ......dosent have to be every candle as i requested.......it was way to add to position....trend defined on a higher timeframe then i would use the Keltner breakouts to enter or add to positions...
Re: Bollinger Bands type indicators for MT4
Posted: Sat Dec 16, 2023 2:53 am
by mrtools
Mladen Rakic:
In “ Moving Average Bands” (part 1, TASC July 2021 issue) and “Moving Average Band Width” (part 2, TASC August 2021 issue), author Vitali Apirine explains how moving average bands can be used as a trend-following indicator by displaying the movement of a shorter-term moving average in relation to the movement of a longer-term moving average
This is the "Moving Average Bands" indicator with only one change compared to the original : you can chose the price (while in the original only close price is used)
Recommendations:
* It can be used in a similar way as Bollinger bands
Made a mt4 version.