Re: Bollinger Band type indicators for MT4

522
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
 
Thank You For The EA

DownloadRe: Bollinger Band type indicators for MT4

523
mrtools wrote: Fri Aug 23, 2019 3:14 am

Something like this?
Hi metools
is it possible to add Reentry and MHV alert as below picture? MHV definition:
1. Candle close not surpassed mm top / low
2. There must be a reverse candle
3. There must be a candle retest (Marking centipede body while following a reversal candle)
4. MHV must occur after extrem

Reentry definition:
1. Meetings 5- and A10 as well as mid bb, when reentry setup, there will be a large movement (minimum 3 sticks candle in small TF)
2. If the first candle prick and close body, not beyond a 5- / 10 and mid bb, entry in the second candle
3. If A50 is at the meeting point, have the power to go up or down

THANKS

Re: Bollinger Band type indicators for MT4

524
paroucia wrote: Wed Dec 11, 2019 11:29 pm
Hi metools
is it possible to add Reentry and MHV alert as below picture?
Untitled.png

MHV definition:
1. Candle close not surpassed mm top / low
2. There must be a reverse candle
3. There must be a candle retest (Marking centipede body while following a reversal candle)
4. MHV must occur after extrem

Reentry definition:
1. Meetings 5- and A10 as well as mid bb, when reentry setup, there will be a large movement (minimum 3 sticks candle in small TF)
2. If the first candle prick and close body, not beyond a 5- / 10 and mid bb, entry in the second candle
3. If A50 is at the meeting point, have the power to go up or down

THANKS
:sad: :sad: :sad:


Re: Bollinger Band type indicators for MT4

530
I modified the indicator a little bit.

red "X" = do not trade
green dot = OK to trade

For the Moving Average, you can choose Simple MA, Exponential MA, Smoothed MA, or Linear Weighted MA.
For the Price, you can choose Close, Open, High, Low, Median, Typical, or Weighted.
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