A work of art ! perfect My friend
Re: Bollinger Band type indicators for MT4
491- These users thanked the author Derekers for the post:
- EducatedHustle
A work of art ! perfect My friend
mrtoolz & derek thx this great indicator & strategy idea............ using u idea and indi i have a simple old school strategy 2 share for 30 min chart using 1 hr mtf & set the bands to fibonacci 1.618 (like tdi volatility bands setting) & u may try it!!! looks ok huh??? check it out............
Excellent! Just loaded your template up on my charts and it's great.moey_dw wrote: Fri Aug 23, 2019 5:18 pm
mrtoolz & derek thx this great indicator & strategy idea............ using u idea and indi i have a simple old school strategy 2 share for 30 min chart using 1 hr mtf & set the bands to fibonacci 1.618 (like tdi volatility bands setting) & u may try it!!! looks ok huh??? check it out............
30 min chart using 1 hr MTF for scalp reversals
if you can manage the time mrtools can you please add full price options?
Interesting way of approach with a bit of understanding Of supply-demand it can be very useful thanksmoey_dw wrote: Fri Aug 23, 2019 5:18 pm
mrtoolz & derek thx this great indicator & strategy idea............ using u idea and indi i have a simple old school strategy 2 share for 30 min chart using 1 hr mtf & set the bands to fibonacci 1.618 (like tdi volatility bands setting) & u may try it!!! looks ok huh??? check it out............
30 min chart using 1 hr MTF for scalp reversals
Yes my friend the Idea of is same as BBMA oma ally there is 4 Moving averages with BB and the setting of Averages are 5&10 LWMA applied to HIGH and 5&10 LWMA applied to LOW whenever either of them crosses the Upper or Lower band there is a possibility of reversal or small correction of the price (it's used mostly in Higher Time frame but if you apply a bit of Supply-demand the scalping can be easily done in LOWER time frame )Jimmy wrote: Fri Aug 23, 2019 5:52 pm
Excellent! Just loaded your template up on my charts and it's great.
I believe Derek is using a MA setting of 5? I may be wrong though, hopefully Derek can confirm but your method is great Moey.
Thanks to Mrtools for making this indicator, Derek for the idea and Moey for your old-school chart & template![]()
Could you describe the full settings with which deviation you use the bollinger, or a simple template with the settings of the bollinger and MADerekers wrote: Fri Aug 23, 2019 10:12 pm
Yes my friend the Idea of is same as BBMA oma ally there is 4 Moving averages with BB and the setting of Averages are 5&10 LWMA applied to HIGH and 5&10 LWMA applied to LOW whenever either of them crosses the Upper or Lower band there is a possibility of reversal or small correction of the price (it's used mostly in Higher Time frame but if you apply a bit of Supply-demand the scalping can be easily done in LOWER time frame )
Bollinger Band Setting is DefaultAntonio wrote: Fri Aug 30, 2019 11:11 pm
Could you describe the full settings with which deviation you use the Bollinger, or a simple template with the settings of the Bollinger and MA
try!!Antonio wrote: Sun Sep 15, 2019 1:13 am Hi guys, if it is possible to help in finding this BB indicator, there is only a settings menu, I also don’t see the deviation item, which is strange for BB, the name is ma_bbands, maybe someone has such a beast, but if it's open source it’s super, but if this is really good, thank you very much for the forum and indicators !!!