mtp wrote: Mon Jun 18, 2018 12:23 pm
Default values? Its D1 any change you advice for H1? Thank you MRT
Was this a question to me or MrTools?
The way I'll be using it is that I'll have the indicator settings match those of the standard Bollinger Bands that I have on the chart.
The period settings depend on the strategy you're using, so can't help you there. The generally accepted and ones introduced by Mr Bollinger are 20 period, however, for 1 Hour TF a lot of ppl use 24 since there are 24 hours in 1 Day.
Bear in mind that the indi MrTools updated has got a smoothing factor in it, so you'd need to adjust your settings if you're using it (any value higher than 1). For example, if you're using 20 period on your BB on-chart indi, but would like to have 3 smoothing factor in the i-BandsPrice indi - you may wish to set the period to 17 in order for them to match as closely as possible (17+3=20).
Hope this helps and good luck!