Re: Bollinger Bands type indicators for MT4

1123
To this nice BB indicator ...viewtopic.php?p=1295480695#p1295480695....
Added autowidth for candles and arrows and make one version with button...
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Re: Bollinger Bands type indicators for MT4

1124
Banzai wrote: Mon Jun 20, 2022 5:33 am Bulls Bears on chart
(on/off button)


Display the Bulls and Bears powers on the main chart but as Bollinger Bands.
The reason I chose BB is to let us see the Bollinger squeezes.
Image
This is something to be greatly appreciated..... Outstanding array of indicators, colors and settings.... The chart looks like a piece of art..... I wonder if you have any set of rules for entry and exit as well or something like a guideline to utilize the whole in one unified way.... Would really look forward to your response in this regard...


Re: Bollinger Bands type indicators for MT4

1127
This is the indicator originally posted here Limit channels that is extended with a display of "states".

"states" are displayed as colored histogram
they can be calculated using :
level 3 - outer levels - the "slowest"
level 2 - middle levels
level 1 - the inner levels - the "fastest"
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Bollinger Bands type indicators for MT4

1128
Mustafa wrote: Mon Jun 20, 2022 11:54 am This is something to be greatly appreciated..... Outstanding array of indicators, colors and settings.... The chart looks like a piece of art..... I wonder if you have any set of rules for entry and exit as well or something like a guideline to utilize the whole in one unified way.... Would really look forward to your response in this regard...
For Bollinger Bands, you trade on the breakout of the band squeezes.
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Re: Bollinger Bands type indicators for MT4

1129
Mustafa wrote: Mon Jun 20, 2022 11:54 am This is something to be greatly appreciated..... Outstanding array of indicators, colors and settings.... The chart looks like a piece of art..... I wonder if you have any set of rules for entry and exit as well or something like a guideline to utilize the whole in one unified way.... Would really look forward to your response in this regard...
The way I trade is very different from everyone else.

If the trend is going uphill, then

go LONG at Fibo 38.2 of yesterday prices; exit at Fibo 50.0
go LONG at Fibo 50.0 of yesterday prices; exit at Fibo 61.8
go LONG at Fibo 61.8 of yesterday prices; exit at Fibo 76.4

H1 is my trend.
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