CandlesticksRe: Bollinger Band type indicators for MT4

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Bollinger Bands Oscillator with MTF from the old Forex-TSD days. This one's too good to not be shared here 🤫

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Re: Bollinger Band type indicators for MT4

228
Cladi39 wrote: Tue Oct 10, 2017 10:17 pm

thanks soo much for your answer but i need Bollinger Bands, this is keltner.
Price of Bollinger 20 2 is by definition 95 % of the time inside the bands, search web on "standard deviation", these keltner volatility bands show breakouts when they happen and go WITH the breakout for smaller sl then under the bands. In many systems, no rules are used for bollinger, it's just a kind of oldest bands indicator.

Re: Bollinger Band type indicators for MT4

229
friend4you wrote: Tue Oct 10, 2017 10:53 pm

Price of Bollinger 20 2 is by definition 95 % of the time inside the bands, search web on "standard deviation", these keltner volatility bands show breakouts when they happen and go WITH the breakout for smaller sl then under the bands. In many systems, no rules are used for bollinger, it's just a kind of oldest bands indicator.
Sincerely very thanks for your help but i need bollinger bands when price go outside of the bands with the two corners of the candle, like in the picture attached.
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