Mako ADBol
- Indicators
- Version: 1.3
- Activations: 5
MAKO ADBol — Market Pressure through Accumulation/Distribution and Bollinger Bands
MAKO ADBol is an analytical indicator for MetaTrader 5 that turns the Accumulation/Distribution line into a visual market-pressure structure. Instead of applying Bollinger Bands to price, it builds its own A/D-HL2 series and applies Bollinger 20/2 to that series.
Main-line colors:
• Blue: rising A/D pressure
• Red: falling A/D pressure
• Silver: neutral condition
The basis and the upper/lower bands reveal expansion, compression and displacement of pressure. An adaptive range detector combines compressed band width with a flat basis and uses hysteresis to reduce unstable state changes.
Key features:
• Visual reading of buying and selling pressure
• Bollinger 20/2 calculated on A/D-HL2
• Recent reconstruction from tick history when available
• Efficient live update of the current bar
• Works on the current chart symbol and timeframe
• Tick or real volume, when supplied by the broker
• Does not open, close or manage trades
Inputs:
• Volume Type: volume used by A/D
• Reconstruct Bars: recent bars to reconstruct
• Max Tick History Hours: tick-history limit
• Line Width: main-line width
• Range Lookback: adaptive detector window
• Range Enter/Exit Percentile: compression thresholds
• Range Slope Bars: basis-slope measurement
• Range Enter/Exit Slope To Width: relative-slope thresholds
This is a market-reading and context tool. It does not guarantee results and should be used with independent analysis and risk management.
