Hello
who could achieve this for MT4.
for each phase of the bollinger bands a different color.
For example
phase 1 in blue.
phase 2 in green.
phase 3 in gray.
phase 4 in purple.
thanks for the help
Re: Bollinger Band type indicators for MT4
522mrtools 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
Re: Bollinger Band type indicators for MT4
523Hi 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
524paroucia 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
Re: Bollinger Band type indicators for MT4
525Dear mrtools do you have mt 5 version for this indicator (bollinger bands ma cross - mtf + arrows + alerts) ?
Re: Bollinger Band type indicators for MT4
526hi does this come in mt5 yet if so where many thanks hope all is wellmrtools wrote: Sat Apr 15, 2017 1:46 am
There was a problem with the bar colors in the last version this version should correct that.
Re: Bollinger Band type indicators for MT4
527Know of a regular one, but not a version the version posted.Ayrton wrote: Tue Dec 24, 2019 3:14 am
hi does this come in mt5 yet if so where many thanks hope all is well
Re: Bollinger Band type indicators for MT4
530I 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.
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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