.

Re: Bollinger Band type indicators for MT4

#441
JPeps wrote:
Wed May 29, 2019 1:13 am
mrtools wrote:
Sun Feb 19, 2017 1:58 am
This is the bollinger band squeeze, the squeeze is represented by the dots, green equals squeeze breakout red means the bollinger bands are inside the keltner channel generally representing a flat market. The color histogram is calculated using linear regression. Alerts are on squeeze breakout and or on all phases of the color change on the histogram.
bb sqz.png

 
Hi, would it be possible to have a version of this indicator that will signal when a candle closes outside of both Bollinger bands and the Keltner channel, rather than when the Bollinger bands exit the Keltner channel. This would give signals one candle earlier in a lot of cases. My system requires BBsqueeze to signal within 1 candle of 2 other indicators giving signal so if it comes one candle late I end up missing out on what is usually a fairly profitable trade. Thanks
Are you saying when it comes out of the squeeze?


Re: Bollinger Band type indicators for MT4

#442
Greetings all,

I have been making my way through this thread and maybe I can save some time by asking here at the end. I'm looking for an indicator that puts BB around the ATR indicator. I tried to write this myself since I've had no luck finding this online but I am a super MQL novice. It would have the typical BB and ATR settings. I'm looking to use this indicator to signify when not to take a trade (when fast ATR jumps out of a fast BB.)

If anyone has seen such an indicator, please let me know. Thanks.

EJ

Re: Bollinger Band type indicators for MT4

#443
BostonEJ wrote:
Tue Jun 25, 2019 12:43 pm
Greetings all,

I have been making my way through this thread and maybe I can save some time by asking here at the end. I'm looking for an indicator that puts BB around the ATR indicator. I tried to write this myself since I've had no luck finding this online but I am a super MQL novice. It would have the typical BB and ATR settings. I'm looking to use this indicator to signify when not to take a trade (when fast ATR jumps out of a fast BB.)

If anyone has seen such an indicator, please let me know. Thanks.

EJ
Sounds like you could be looking for something like bbsqueeze, there is a version here viewtopic.php?p=1294858845#p1294858845

Re: Bollinger Band type indicators for MT4

#444
Thanks for the idea. I checked it out and looks like it causes too many signals. I created the indi I was looking for on TradingView to compare against but cant figure out writing things on MQ4. I'm sure I'll find it somewhere. I cant be the first to think about it.

Thanks!

mrtools wrote:
Tue Jun 25, 2019 1:22 pm
BostonEJ wrote:
Tue Jun 25, 2019 12:43 pm
Greetings all,

I have been making my way through this thread and maybe I can save some time by asking here at the end. I'm looking for an indicator that puts BB around the ATR indicator. I tried to write this myself since I've had no luck finding this online but I am a super MQL novice. It would have the typical BB and ATR settings. I'm looking to use this indicator to signify when not to take a trade (when fast ATR jumps out of a fast BB.)

If anyone has seen such an indicator, please let me know. Thanks.

EJ
Sounds like you could be looking for something like bbsqueeze, there is a version here viewtopic.php?p=1294858845#p1294858845

Re: Bollinger Band type indicators for MT4

#445
The Kirshenbaum Bands was developed by Paul Kirshenbaum who is a mathematician with a Ph .D. in Economics from NYU (New York Univeristy).

Kirshenbaum Bands use the Standard Error of Linear Regression lines of the Closing price to determine the width of the bands and has the effect of measuring Volatility in the current trend, rather than measuring Volatility for changes in trend.

This indicator was kindly translated and coded for MT4 by Mladen some time ago and can be used as a trend trading channel.
Kirshenbaum Bands for MT4.png
kirshenbaum_bands.mq4
(2.57 KiB) Downloaded 159 times
Myfxbook live trading results (new 2019 account coming soon)
Need custom MT4 coding? Send a PM to Mrtools or post here for a quote!


Re: Bollinger Band type indicators for MT4

#446
Jimmy wrote:
Sat Jun 29, 2019 11:16 pm
The Kirshenbaum Bands was developed by Paul Kirshenbaum who is a mathematician with a Ph .D. in Economics from NYU (New York Univeristy).

Kirshenbaum Bands use the Standard Error of Linear Regression lines of the Closing price to determine the width of the bands and has the effect of measuring Volatility in the current trend, rather than measuring Volatility for changes in trend.

This indicator was kindly translated and coded for MT4 by Mladen some time ago and can be used as a trend trading channel.
Hi,

Can we get an alert/arrow after N numbers of bar closed outside completely the channel?

Thanks,
Rana

Re: Bollinger Band type indicators for MT4

#447
SK_Rana wrote:
Sun Jun 30, 2019 5:07 am
Jimmy wrote:
Sat Jun 29, 2019 11:16 pm
The Kirshenbaum Bands was developed by Paul Kirshenbaum who is a mathematician with a Ph .D. in Economics from NYU (New York Univeristy).

Kirshenbaum Bands use the Standard Error of Linear Regression lines of the Closing price to determine the width of the bands and has the effect of measuring Volatility in the current trend, rather than measuring Volatility for changes in trend.

This indicator was kindly translated and coded for MT4 by Mladen some time ago and can be used as a trend trading channel.
Hi,

Can we get an alert/arrow after N numbers of bar closed outside completely the channel?

Thanks,
Rana
gr8 idea think this will be nice development........... hopes mrtool or pacois can investigate

Re: Bollinger Band type indicators for MT4

#448
SK_Rana wrote:
Sun Jun 30, 2019 5:07 am
Jimmy wrote:
Sat Jun 29, 2019 11:16 pm
The Kirshenbaum Bands was developed by Paul Kirshenbaum who is a mathematician with a Ph .D. in Economics from NYU (New York Univeristy).

Kirshenbaum Bands use the Standard Error of Linear Regression lines of the Closing price to determine the width of the bands and has the effect of measuring Volatility in the current trend, rather than measuring Volatility for changes in trend.

This indicator was kindly translated and coded for MT4 by Mladen some time ago and can be used as a trend trading channel.
Hi,

Can we get an alert/arrow after N numbers of bar closed outside completely the channel?

Thanks,
Rana
Added alerts and made it more userfriendly.
kirshenbaum bands (alerts).mq4
(5.81 KiB) Downloaded 283 times

Re: Bollinger Band type indicators for MT4

#450
SK_Rana wrote:
Sun Jun 30, 2019 5:07 am
Jimmy wrote:
Sat Jun 29, 2019 11:16 pm
The Kirshenbaum Bands was developed by Paul Kirshenbaum who is a mathematician with a Ph .D. in Economics from NYU (New York Univeristy).

Kirshenbaum Bands use the Standard Error of Linear Regression lines of the Closing price to determine the width of the bands and has the effect of measuring Volatility in the current trend, rather than measuring Volatility for changes in trend.

This indicator was kindly translated and coded for MT4 by Mladen some time ago and can be used as a trend trading channel.
Hi,

Can we get an alert/arrow after N numbers of bar closed outside completely the channel?

Thanks,
Rana
try
kirshenbaum bands (alerts).mq4
(5.81 KiB) Downloaded 228 times
kirshenbaum bands_Arrows_Alert_count_Bar.mq4
(8.55 KiB) Downloaded 300 times
The perfect indicatoris our head ...

Too many indicators confuse the head



Who is online

Users browsing this forum: CommonCrawl [Bot], Jimmy, King95, Majestic-12 [Bot], mntiwana, rain, Yandex [Bot] and 40 guests