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.mrtools wrote:
Think it would be possible but it would have to be built into an indicator of your choosing.
Re: Bollinger Band type indicators for MT4
92Do you think Floating levels can be an alternative to BB or BBB,as you can have a variety if "RSI FL" indicators
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Re: Bollinger Band type indicators for MT4
93Thanks 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.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
Re: Bollinger Band type indicators for MT4
94Hi mr. tools. You have yet to respond to my request for the RSI + BBB oscilator in replacement of the Mladen coded RSI + Bollinger band tool (posted above). Will be most grateful for a response. Thank you
Re: Bollinger Band type indicators for MT4
95Darkdoji,haven't figured out how to do it yet, when I do will post it.Darkdoji wrote:Hi mr. tools. You have yet to respond to my request for the RSI + BBB oscilator in replacement of the Mladen coded RSI + Bollinger band tool (posted above). Will be most grateful for a response. Thank you
Re: Bollinger Band type indicators for MT4
96Hi mrtools:mrtools wrote:
Darkdoji,haven't figured out how to do it yet, when I do will post it.
In fact, it is not my business, but I surely know as long as you said ".....how to do it yet", so I believe you will do it.
Re: Bollinger Band type indicators for MT4
97Thanks mr. tools thank you very much.mrtools wrote:
Darkdoji,haven't figured out how to do it yet, when I do will post it.
Re: Bollinger Band type indicators for MT4
98Darkdoji wrote: Thanks mr. tools thank you very much.
Darkdoji, this would be one way of doing it. It has the 20+ price options and 6 different rsi options, in the chart picture is showing rsi on top and rsx below.
- These users thanked the author mrtools for the post (total 2):
- EducatedHustle, 太虚一毫
Re: Bollinger Band type indicators for MT4
99
This is David Rooke volatility bands made by Mladen in 2010.
Re: Bollinger Band type indicators for MT4
100Is there some indicator, so I can see the bollingerband of 5 min tf on my 1min tf chart ?