Re: Bollinger Bands type indicators for MT4

2041
FredericoA wrote: Tue Feb 04, 2025 5:00 am hello mrtools, is it possible for audio alert to alert only onc per candle, please?
Hello, found an error in the alerts call may have caused it to have extra alerts, hopefully that fixed it.
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Re: Bollinger Bands type indicators for MT4

2042
mrtools wrote: Sun Feb 02, 2025 11:53 pm Hello, not sure I am understanding what you are wanting?
It could also be to add arrow buffers for the divergence arrows to the subwindow like some of kvak indicators...I cant proceed with my testing without this, if you could please do this or assign DRAW_NONE buffers to the divergence arrows
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Re: Bollinger Bands type indicators for MT4

2043
johnere wrote: Tue Feb 04, 2025 7:26 pm It could also be to add arrow buffers for the divergence arrows to the subwindow like some of kvak indicators...I cant proceed with my testing without this, if you could please do this or assign DRAW_NONE buffers to the divergence arrows
Hello, made the sub window arrows as buffers, if you are making an EA please share it with the community.
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Re: Bollinger Bands type indicators for MT4

2044
mrtools wrote: Wed Feb 05, 2025 3:13 am Hello, made the sub window arrows as buffers, if you are making an EA please share it with the community.
Hello mrtools, I would like if its possible audio alert for the small red and green arrowa at the indicator window. Wasn t those arrows supposed to be the divergence arrow? The indicator has divergence alerts but I think it's not working?

This is a really nice indicator, thanks
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Re: Bollinger Bands type indicators for MT4

2045
FredericoA wrote: Wed Feb 05, 2025 11:48 pm Hello mrtools, I would like if its possible audio alert for the small red and green arrowa at the indicator window. Wasn t those arrows supposed to be the divergence arrow? The indicator has divergence alerts but I think it's not working?

This is a really nice indicator, thanks
Try now, go the alerts with inpDivMaxBar = 5; // Divergence alerts for bars less than: on this chart.
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DownloadRe: MT4 Indicator requests and ideas

2049
BB Squeeze Indicator 2025

The indicator will display colored zones directly on the price chart, providing clear visual signals about market conditions and potential trading opportunities. The colors will be plotted on a current candle.

Input Parameters:
  • Bollinger Bands settings (Period and Deviation)

    Keltner Channel settings (EMA Period, ATR Period, and Multiplier)
Squeeze Detection:
  • Calculates Bollinger Bands (Middle SMA with ±2σ)

    Calculates Keltner Channel (EMA ± ATR * Multiplier)

    Detects squeeze when BB bands are inside Keltner Channel
Visualization:
  • Gray color fills between BB bands during squeeze

    Green/Red shows price position relative to BB middle during non-squeeze

    Blue/Magenta indicates price breaking out of BB bands
Object Management:
  • Creates time-based rectangles for visual representation

    Automatically removes old objects to maintain performance

    Updates dynamically with new price data
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