Re: Bollinger Band type indicators for MT4

91
mrtools wrote:
Think it would be possible but it would have to be built into an indicator of your choosing.
I have thought about this deeply mr. tools and the only tool that will actually use the proposed implementation is @Mladen's rsi+bollinger bands. This would mean replacing the current bollinger bands in that indicator with BBB. However, as you may know the current indicator has no center line (though this is easily solved by adding a simple MA to the indicator window). But for the BBB the center line has to be included to make any sense at all because we cannot generate that line from any other source.
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Re: Bollinger Band type indicators for MT4

93
mntiwana wrote:Do you think Floating levels can be an alternative to BB or BBB,as you can have a variety if "RSI FL" indicators
Thanks for asking Mntiwana, but for now I am asking if the RSI+Bollinger bands indicator can be recoded with BBB and a center line added (or made optional) because otherwise there is no ordinary center line that will fit since the volatility readings will differ in effect.




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