Re: Bollinger Bands type indicators for MT4

1111
BB matome
(on/off button)

Banzai wrote: Sun Feb 09, 2020 3:26 am I was able to remake this Japanese indicator "ikokunomatome.ex4" where it can align these 6 signals:

DeMark
MACD
Momentum
RSI
CCI
Stochastic
I think ikokuno means indicator in Japanese.
I don't know what matome means.

You can turn the Moving Average on or off. The middle line is the Moving Average.

The condition is:

Code: Select all

if DeMark is greater than or equal 0.5 and
if MACD is greater than or equal zero and
if the Momentum is in an uptrend
if RSI is greater than or equal 50 and
if CCI is greater than or equal zero and
if the Stochastic is greater than or equal 50 and
then it's an UPTREND. Draw Cyan lines.

Vice versa for DOWNTREND.
These users thanked the author Banzai for the post (total 6):
太虚一毫, Jedidiah, Milad8732, BeatlemaniaSA, TraderFury, doolfrews


Re: Bollinger Bands type indicators for MT4

1112
Banzai wrote: Sat Jun 18, 2022 1:57 pm BB matome
(on/off button)




I think ikokuno means indicator in Japanese.
I don't know what matome means.

You can turn the Price Label on or off.
You can turn the Moving Average on or off. The middle line is the Moving Average.

The condition is:

Code: Select all

If the Stochastic is greater than or equal 50 and
if RSI is greater than or equal 50 and
if MACD is greater than or equal zero and
if DeMark is greater than or equal 0.5 and
if CCI is greater than or equal zero and
if the Momentum is in an uptrend
then it's an UPTREND. Draw Cyan lines.

Vice versa for DOWNTREND.
Image

Very interesting indicator! :thumbup:

(Native Japanese-speaking brothers, explain what ikokuno, matome mean?)
These users thanked the author 太虚一毫 for the post:
Banzai

Re: Bollinger Bands type indicators for MT4

1114
Banzai wrote: Sat Jun 18, 2022 2:18 pm I think ikokuno means indicator in Japanese.
I don't know what matome means.
I took a serious look.
I think ikokuno*異国の (いこくの) is the author's name,
matome*まとめ means to meaning of combining several indicators together
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