mrtools wrote: Thu Oct 27, 2022 1:51 pm From Mladen Rakic:

Theory:

BB stops is using Bollinger bands as a criteria for determining if the trend is changing as well as determining the trend direction. The usual way how it finds out the stop lines is by calculating a risk based on deviation. But, in many cases, one single proposed stop line is not enough.

This version:

It is calculating 3 stop lines immediately and proposes the one with the highest risk as the "ultimate" stop line. The two additional stop lines can be used as lower risk stops or as an early warning for market changes.

Usage :

You can use the color change as an indicator of current trend direction, and you can use any of the stop lines as stop loss for your orders.

PS:

Second picture the usual "big picture example":

budhi1976 wrote: Fri Mar 07, 2025 6:53 pm Respected mrtools, is it possible to add arrow and alert to this bb stops 2 indicator?
Many thanks in advance

mrtools wrote: Fri Mar 07, 2025 11:32 pm Added alerts.

chris006 wrote: Tue Jun 03, 2025 1:22 am Hi Mrtools,

For bbstops 2: post1295493908.html#p1295493908
could you add the possibility to define the outer line width and the outer starting dot size through the input menu (so that size beyond 5 is available)? Also, if you could add a button please ..

mrtools wrote: Tue Jun 03, 2025 4:30 am Hello, so far have found how to adjust the line width but something as simple as arrow width not able to find.

chris006 wrote: Tue Jun 03, 2025 5:16 am Grateful for whatever improvement you can make Mrtools

mrtools wrote: Tue Jun 03, 2025 8:59 am What I have found is unlike mt4 it looks like you are only allowed the arrow width maximum to be 5, but the line maximum can be whatever you choose. Leaving it like this then the arrows/dots would not be visible, so think it will be best to leave it like it is unless I stumble on another way of doing the arrows.

chris006 wrote: Wed Jul 23, 2025 1:26 am For bbstops 2 here: post1295493908.html#p1295493908

I have managed to make a mod (below) that gives the option to modify the width of the outer line and also gives the option to define the up and down arrow code (wingding).

I made several attempts to generate a histo version like the RSI filter in the picture below but I have failed. Could MrTools or Kvak ( or anybody else willing and able) make an effort in generating such a histo version from the bbstops 2 mq5 indicator in the link above?