Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.10.27 15:11
Indicators

BB MACD - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
1934
Rating:
votes: 10
bb_macd.mq5 (6.75 KB)view

BB MACD is a MACD (Moving Average Convergence Divergence) indicator variation with an addition of Bollinger bands, which helps in detecting the trend change points and measuring the current trend's strength.

The indicator is separated into two parts:

  •  the "line" part which is the colored MACD value;
  •  the "channel" part which is the Bollinger bands drawn that way to make it easier to spot the changes of macd within the channel.
Color of the macd depends on the slope of the MACD and the relative position within the Bollinger bands. Whenever the bands are broken, the color is changed in order to make it easier to pinpoint the moment when the breakout happens.



T3 floating levels oscillator T3 floating levels oscillator

T3 floating levels made as an oscillator

T3 floating levels T3 floating levels

T3 with floating levels

Lnx CCI Lnx CCI

The version of well known Woodies CCI with correct implementation of trend changing rules

Stochastic RSI Stochastic RSI

This version has 6 sub-types it is actually calculating.