Better Bollinger Bands... - page 30

[tampa]

[tampa]

[Mladen Rakic]

Volume weighted average bands posted here : https://www.mql5.com/en/forum/179807/page453

[Osiris]

mladen:
This might help (written by John Bollinger)

thank you mladen 

[dabiel6]

This seems to be one of Mladen’s indicators and I am really surprised that it has not received more attention. I find this indicator very smart because it does not clog my main window (leaving space for channels, trendlines, pitchforks, fibo levels, and other MAs) and because it provides a completely different point of view… It is centred on the bb MA-line and gives me the opportunity to draw new trendlines/channels (even pitchforks, try it) which are otherwise invisible on the main chart…

Mladen, I found a similar mq5 file but it is bars, not candles… As my eyes are used to candles rather than bars, I was wondering if you have it as candles, too. 

Thank you very much for such a wonderful indicator mladen !! Really appreciated !!

[Mladen Rakic]

dabiel6:

This seems to be one of Mladen’s indicators and I am really surprised that it has not received more attention. I find this indicator very smart because it does not clog my main window (leaving space for channels, trendlines, pitchforks, fibo levels, and other MAs) and because it provides a completely different point of view… It is centred on the bb MA-line and gives me the opportunity to draw new trendlines/channels (even pitchforks, try it) which are otherwise invisible on the main chart…

Mladen, I found a similar mq5 file but it is bars, not candles… As my eyes are used to candles rather than bars, I was wondering if you have it as candles, too. 

Thank you very much for such a wonderful indicator mladen !! Really appreciated !!

Try it out now (some "cosmetic" changes made too)

[dabiel6]

mladen:

Try it out now (some "cosmetic" changes made too)

Perfect. Thank you so much mladen.

[Mehmet Bastem]

How do Calcuate this systems. for code mql4  ?

Bollinger Bands +2 -2 Levels.

UpBands  =iBands(NULL,0,20,2,0,PRICE_CLOSE,MODE_UPPER,0);

https://www.mql5.com/en/charts/6454874/gbpusd-h1-destekfx

[Mladen Rakic]

drbastem:

How do Calcuate this systems. for code mql4  ?

Bollinger Bands +2 -2 Levels.

UpBands  =iBands(NULL,0,20,2,0,PRICE_CLOSE,MODE_UPPER,0);

https://www.mql5.com/en/charts/6454874/gbpusd-h1-destekfx

It is simple :

• calculate the average - ma
• upper band = ma + standard deviation x deviation multiplier
• lower band = ma - standard deviation x deviation multiplier

and so on for any further band(s)

[Mehmet Bastem]

mladen:

It is simple :

• calculate the average - ma
• upper band = ma + standard deviation x deviation multiplier
• lower band = ma - standard deviation x deviation multiplier

and so on for any further band(s)

How do. Please write.,

Uppers Bands=20,2 Bollingers Band+2 Levels 

Lowers  Bands=20,2 Bollingers Band-2 Levels