Cashgrade, was reminded in the code the original you posted the dots change color as the rsi crosses the mid ma(line or dot) in the bands, so this one should do that, and with the alerts and arrows.
Would you please add vertical lines in attached indicator 'when rsi cross bollinger upper/lower band'
Thanks for any help
Here is a version with vertical lines added : rsi__bollinger_bands_1.01_amp_lines.mq4
Nice! Thanks a lot Mladen for kind help
Im looking for an original bollinger band indicator with alerts when price break either upper or lower bands.
Im not looking for any modified band like better bollinger bands or something else that is not original bollinger bands.
Try out this one : Forex TSD - forex forum - Download Bollinger_bands_mtf+2alerts.mq4
Thanks mladen, but it doesent work with latest mt4 build, at least it has a grey cornor in my indicator list and wont load.
I have this from TSD forum, but not exactly what i am looking for, it is close but it isnt original bands.
Set the BandsMaMode to 0 (SMA) and it will be exactly the same as the built in bollinger bands
Thanks for making trading easier to control. Works like a charm
but why are the bands square like if choosing an higher timeframe and not smooth curves?
If i am applying the built in band and change the period to match the desired timeframe i get smooth curves. Can this be fixed in the settings also?
For references, the blue BB is indicator posted here with timeframe 240 in 1 hour chart while the white one is built in Bands with period 80 (20*4) which make it 4hr bands in 1 hr chart.
MWFstudent, not sure if i'll be much help here but the way I understand the mtf is for example if using the bands on a one hour chart, and say you are using bands period = 20 and set the mtf to H4 or 240, you are still looking at a 20 period band but on a 4 hour chart, that is why the difference.