Thank you so much for your replies.

I couldnt find the indi via search fonction because it is spelled incorrectly.

Standar error bands.mq4 but should be : standarD error bands.mq4

Ive been toying around with the channel and the bands this morning , and to me the se bands are far superior on nasdaq and dax and stocks in general to extract profit and get reentries compared to g channel. I havent looked on commodities and forex yet , but my guess would be that it doesnt really work on forex while its minblowing on commodities.

Both are on period 145 on this renko graph of yesterdays session. Granted it was a crazy session and these settings work only with huge trends.
G channel : SE bands : this is a test on ranging markets : but it gets better if you use period = 45 and this is the crazy market in the first pictures with settings 45 many more charts to come.

i have attached template for easy setup if you want to test

mrtools wrote: Sun Oct 16, 2022 4:14 pm Mladen did these quite a while back.

ps) also a mtf version (version 1.1)

I acutally modified the original indi to my liking with separate StdError Period length which make the indi closer to what the article has shown

ionone wrote: Sun Oct 16, 2022 10:56 pm screenshot.313.jpg


I acutally modified the original indi to my liking with separate StdError Period length which make the indi closer to what the article has shown

This is a great indicator, could you put a max history setting on it?

PumbaPLS wrote: Sun Oct 16, 2022 11:23 pm This is a great indicator, could you put a max history setting on it?

there you go

ionone wrote: Sun Oct 16, 2022 11:27 pm there you go

lovely! thanks

If you trade onyl second touch of SR or retest after break , its
and yes sometimes you get stopped out too early , but which system doesnt ?

oil and sp500 on daily. TSLA on daily. The 2020 crash fucked up the bands but still few and great trades

gaarmitaar wrote: Sun Oct 16, 2022 11:32 pm If you trade onyl second touch of SR or retest after break , its

and yes sometimes you get stopped out too early , but which system doesnt ?

oil and sp500 on daily.

TSLA on daily. The 2020 crash fucked up the bands but still few and great trades

Looks interesting (especially on Renko charts) but I'm still confused about how to use this indicator.

Would it be possible to visually show where your entries and exits are, and how you determine them? If possible I'd like to see this on the chart where you use the SE bands instead of the G Channel indicator.

ionone wrote: Sun Oct 16, 2022 10:56 pm

I acutally modified the original indi to my liking with separate StdError Period length which make the indi closer to what the article has shown

how to use it in practice?

ionone wrote: Sun Oct 16, 2022 10:56 pm I acutally modified the original indi to my liking with separate StdError Period length which make the indi closer to what the article has shown

Cool modification i'm sorta unsure how to use this. Would you tell me? It's caught my eye and hoping to understand more.

Borshchov A.N. wrote: Mon Oct 17, 2022 3:37 am how to use it in practice?

+1 I'm wondering the same thing too

I remember this tmpl a long time ago, creator was claiming that this was a killer, maybe someone finds it useful...