Re: Bollinger Band type indicators for MT4

422
These are Price Headley's Acceleration Bands. They act as a trading envelope and a trend trading indicator and was first seen in 2002.
Basically, the indicator uses the concept of “acceleration” to get into and out of securities.

When price breaks the bands, it's a signal of a trend in that direction. So for example, if price breaks the upper bands you should be looking to buy at pullbacks.

Coded by Mladen some years ago, they're an interesting indicator to use.
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Re: Bollinger Band type indicators for MT4

424
moey_dw wrote: Sat Mar 30, 2019 1:32 am mntiwana jim boy mrtoolz is there such bollinger uses ATR??? i cannot find here on FS
Yep. This is the Bollinger Bands that uses ATR by Mladen.
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
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An easy trick for drawing Support & Resistance


Re: Bollinger Band type indicators for MT4

427
FBI wrote: Sat Mar 30, 2019 2:51 am
That MT4 pic it looks like you could make good counter trend trades, when closing outside channel, start to sell/buy and close middle line?
You could actually do that! But I don't think Headley's Bands would work reliably for counter-trend as they are only supposed to be for trend trading.
For counter-trend the BB Atr posted earlier tonight would work better.

If you do find that the Headley's Bands are working for you for counter-trend trading do let us know :)
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Bollinger Band type indicators for MT4

428
As requested by Mick, here are the Keltner Channels F1 for both chart and indicator subwindow. Both have various settings such as MTF + Interpolation, Alerts & more.
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Bollinger Band type indicators for MT4

429
As further requested by Rajesh via PM, this version of the Price Zone in dicator by Mladen & Mrtools was upgraded with MTF + Interpolation, Alerts & Arrows.
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Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Bollinger Band type indicators for MT4

430
mrtools wrote: Mon Nov 20, 2017 12:20 am This is an updated SVE bollinger with a choice of 8 ma's for pre smoothing and for the SVE . Also added enter/exit arrows option for when the SVE goes outside of the bands. Looking at the article for this indicator noticed divergence being mentioned so added that also.
MrTools,
There are times when sve bollinger band (mtf + alerts + arrows + divergence).ex4 indicator does not refresh itself. Other times it works fine. Could you please look into this matter?
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