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Bollinger Bands Support

  • #1
  • First Post: Apr 14, 2011 9:21pm Apr 14, 2011 9:21pm
Does anyone know how to fix the sync problem with the bollinger bands? If you scroll back through the chart history, you will find the bollinger bands are out of sync with the price.
The trend is my friend? The world casino is my friend!
  • #2
  • Apr 15, 2011 6:36am Apr 15, 2011 6:36am
Quoting CapitalismPr
Does anyone know how to fix the sync problem with the bollinger bands? If you scroll back through the chart history, you will find the bollinger bands are out of sync with the price.
Hi,

I use BBs a lot and I've never seen this happen.

However, if you post a screenshot showing how they are out of sync, and also let me know which MT4 br0ker you're using, I'll see if I can reproduce the problem (as a first step toward finding a solution).

David
  • #3
  • Apr 15, 2011 9:11am Apr 15, 2011 9:11am
I had this problem with BBs but have not found an exact or proven cause (yet).

I was using the Alpari demo account which would ONLY update to build 229.
(two weeks ago)

I've since started using another companies MT4 and pointed it back to Alpari data - this one is at build 392.

I've not had the problem since using this later version - but it has also resolved a couple of other problems that I was having.
  • #4
  • Edited 11:23am Apr 15, 2011 10:13am | Edited 11:23am
Here is a screenshot i took for an example. My broker is Gain Capital in New York.
Attached Image (click to enlarge)
Click to Enlarge Name: bb_support out of sync.jpg Size: 128 KB
The trend is my friend? The world casino is my friend!
  • #5
  • Apr 15, 2011 3:43pm Apr 15, 2011 3:43pm
Quoting CapitalismPr
Here is a screenshot i took for an example. My broker is Gain Capital in New York.
Is this MT4 or MT5?

If MT4, I don't believe these are the standard Bollinger bands that come as part of MetaTrader. Two reasons as to why I believe this is some kind of third party written, multi-time frame indicator:

1. The plots form a step-wise curve.

2. The fact that the plots shown are yellow and blue, and there is a comment that states "240=yellow 1440=blue......" etc. 240=H4, 1440=D1.

The indy is apparently attempting to plot MTF BBs, but is not doing it correctly.

Attached is a MT4 indy that, as far as I know, plots MTF BBs correctly.
Attached File(s)
File Type: mq4 @MTF_BollingerBand.mq4   3 KB | 374 downloads
  • #6
  • Apr 15, 2011 6:47pm Apr 15, 2011 6:47pm
Thx Hanover. Yes the indicator is for MT4 and not MT5. I liked your indicator except the week bollinger bands seemed to be not out of sync but inaccurate in comparison to bb_support. However i did like the day chart bollinger bands and i think that's good enough for me.
The trend is my friend? The world casino is my friend!
  • #7
  • Last Post: Apr 15, 2011 7:07pm Apr 15, 2011 7:07pm
Quoting CapitalismPr
Thx Hanover. Yes the indicator is for MT4 and not MT5. I liked your indicator except the week bollinger bands seemed to be not out of sync but inaccurate in comparison to bb_support. However i did like the day chart bollinger bands and i think that's good enough for me.
I've never used the indy that I posted. Just found it in my archive.

The indy should use the same logic no matter what TF is specified. However, weekly BBs are going to require a decent history (number of candles) to plot anything meaningful on an intraday chart. Hence what you're encountering might be a lack-of-data problem. But of course I'm only guessing.
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