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Flat Bollinger Bands Indicator

  • #1
  • First Post: Sep 19, 2018 5:01am Sep 19, 2018 5:01am
Hi traders and programmers .

I have and fast scalping idea based on the condition of bollinger bands upper and lower bands . the condition is BB bands should be flat in 2 time frame , and when the candle touched upper or lower band is the place we put order .
i identify the trend by using EMA 50 in multi TF .

So the problem is i miss many of the opportunities because the flat band shaped and candles touched and i left the bus . im asking for help me coders and programmers to create an indicator to alert me when BB bands get flat .

I will show you the correct condition of BB .
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  • #2
  • Sep 19, 2018 6:49am Sep 19, 2018 6:49am
You should research bbma oma ally system.
You will get details on sideways and momentum bb.
Example:
A) 50 ema out of top/bottom bb is a sign that bb is flat.
B) 50 ema parralel with mid bb/going through price = flat.
C) top bb and bottom bb facing same direction=flat bb
D)price out of top/ bottom bb+linear moving average 5 high/low = flat bb on 1 higher timeframe.
E) top/ bottom bb facing opposite direction= momentum.
  • #3
  • Edited 11:19am Sep 19, 2018 9:09am | Edited 11:19am
hi 5aztv88,

You can use Standard Deviation with same BollingerBands setting.

Or use the Bollinger Bands Width .

Bollinger Bands Width (BBW) = (upper band - lower band) / moving average

The Bollinger Squeeze is the best Bollinger Pattern .

You can Googled :" Bollinger Bands Squeeze "



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Attached File(s)
File Type: mq4 Bandwidth Indicator.mq4   4 KB | 943 downloads
KISS&V :Keep it simple safe & visual
  • #4
  • Sep 19, 2018 9:41am Sep 19, 2018 9:41am
Quoting Sohocool
hi 5aztv88, You can use Standard Deviation with same BollingerBands setting. Or use the Bollinger Bands Width . Bollinger Bands Width (BBW) = (upper band - lower band) / moving average The Bollinger Squeeze is the best Bollinger Pattern . You can Googled :" Bollinger Bands Squeeze " {image} {image} {file}
thanks but i think i couldn't say it well . i dont want narrow in bands,i want indicator show me where bands got flat . it may have 10-1000pip between upper band and lower band , the distance between bands is not important . important here is the shape of bands (flat) .
  • #5
  • Sep 19, 2018 9:49am Sep 19, 2018 9:49am
Quoting 5aztv88
{quote} thanks but i think i couldn't say it well . i dont want narrow in bands,i want indicator show me where bands got flat . it may have 10-1000pip between upper band and lower band , the distance between bands is not important . important here is the shape of bands (flat) .
search for blackoutfx on youtube, he has bunch of videos explaining bbma system. you have to sort through and find parts about bb sideways/range/flat. but i gave you the clues above. based on the list someone can create indi.
  • #6
  • Sep 20, 2018 12:14am Sep 20, 2018 12:14am
Quoting hibra68
{quote} search for blackoutfx on youtube, he has bunch of videos explaining bbma system. you have to sort through and find parts about bb sideways/range/flat. but i gave you the clues above. based on the list someone can create indi.
im trading using bbma in advanced . if your search in forexfactory you will see i was the first one who shared all bbma pdf here . i can not tell you the code for flat BB but im sure you understand what i mean . i developed bbma with currency power .... and flat is new development for fast entry .

as i can not predict and also saw 28 pair at the same time at multi TF, so i miss many pairs that had flat on bands , thats why i need an indicator to identify the shape of BB bands and alert me .
  • #7
  • Sep 20, 2018 4:08am Sep 20, 2018 4:08am
Quoting 5aztv88
{quote} im trading using bbma in advanced . if your search in forexfactory you will see i was the first one who shared all bbma pdf here . i can not tell you the code for flat BB but im sure you understand what i mean . i developed bbma with currency power .... and flat is new development for fast entry . as i can not predict and also saw 28 pair at the same time at multi TF, so i miss many pairs that had flat on bands , thats why i need an indicator to identify the shape of BB bands and alert me .
you just need someone to code the conditions mentioned by oma ally as flat bb.
  • #8
  • Sep 20, 2018 4:16am Sep 20, 2018 4:16am
Quoting hibra68
{quote} you just need someone to code the conditions mentioned by oma ally as flat bb.
thats what i said on first post here ...
  • #9
  • Sep 20, 2018 6:41am Sep 20, 2018 6:41am
Quoting 5aztv88
{quote} thats what i said on first post here ...
you said nothing about oma ally in your first pos??
  • #10
  • Sep 20, 2018 8:29am Sep 20, 2018 8:29am
Quoting hibra68
{quote} you said nothing about oma ally in your first pos??
why should i say that?? i just wanted an indicator that alert me in flat condition .
  • #11
  • Sep 20, 2018 9:07am Sep 20, 2018 9:07am
Quoting 5aztv88
{quote} why should i say that?? i just wanted an indicator that alert me in flat condition .
you said you need coders to help you make an indicator to alert you when bb is flat.
i listed the conditions when bb is flat and said use these conditions to create an indi.
am i missing anything?
  • #12
  • Sep 20, 2018 9:26am Sep 20, 2018 9:26am
Quoting hibra68
{quote} you said you need coders to help you make an indicator to alert you when bb is flat. i listed the conditions when bb is flat and said use these conditions to create an indi. am i missing anything?

yes you missed many things. i dont want condition to identify flat . the programmer who wants to code flat BB wont use such condition you mentioned. they need mathematical formula about flat line to measure BB . thats universal. please do not reply or spam anymore if your answer is not related to coding .
  • #13
  • Sep 20, 2018 9:29am Sep 20, 2018 9:29am
Quoting 5aztv88
{quote} yes you missed many things. i dont want condition to identify flat . the programmer who wants to code flat BB wont use such condition you mentioned. they need mathematical formula about flat line to measure BB . thats universal. please do not reply or spam anymore if your answer is not related to coding .
my bad for trying to help but its impossible to help some people i guess.
hint: next time you need help from coders, dont post on the trading systems forum.
  • #14
  • Last Post: Nov 6, 2018 8:09am Nov 6, 2018 8:09am
Quoting hibra68
You should research bbma oma ally system. You will get details on sideways and momentum bb. Example: A) 50 ema out of top/bottom bb is a sign that bb is flat. B) 50 ema parralel with mid bb/going through price = flat. C) top bb and bottom bb facing same direction=flat bb D)price out of top/ bottom bb+linear moving average 5 high/low = flat bb on 1 higher timeframe. E) top/ bottom bb facing opposite direction= momentum.
Please expand on "B)" where you talk about mid bb being parallel to ema 50, how does it relate to the flatness of top/low bb?
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