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Re: Bollinger Band type indicators for MT4

#531
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.
GBPUSDM5_20191227a.png
bbsqueeze_darkw1b.mq4
(11.69 KiB) Downloaded 132 times


Re: Bollinger Band type indicators for MT4

#532
I modified the indicator a little bit.

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.

For the arrows, you can choose any arrow symbol.

You can choose dotted lines or dots only.
For the dotted lines, you can choose any symbol such as diamond, square, triangle, dots, etc....

This indicator comes with an alert function too.
BBand Stop Alert.mq4
(13.34 KiB) Downloaded 64 times
metatrader-symbols.gif
EURGBPM15_20200102a.png

Re: Bollinger Band type indicators for MT4

#533
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.
I modified the indicator a little bit.

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

This version is better. It has alerts, mtf and any Forex pair. from mladen and mr. tool.
bbsqueeze alerts (mtf & multi symbol) 1.1.mq4
(19.71 KiB) Downloaded 139 times
EURGBPM15_20200102b.png




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