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Attachments: Bollinger Band trade tools - Trade Manager & Dashboard
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Bollinger Band trade tools - Trade Manager & Dashboard

  • #21
  • Oct 18, 2010 5:45am Oct 18, 2010 5:45am
Hi Kenny

Sorry to bother you once again, Harry asked me to write to you in order to give you an update on our developments. In order to filter some bad signals in the strategy of Trend Catcher GOLD, a RSI filter is used. However, we have identified Bollinger Squeeze V8 is a better filter (basically a oscillator with RSI, Stoch and CCI built into it) if this indicator could be incorporated into the dashboard / indicator would be great, if not please do not worry about it. I have attached the files for your information only.

Kind Regards
Attached File(s)
File Type: mq4 Bollinger Squeeze v8.mq4   5 KB | 1,292 downloads
File Type: mq4 RSI-TC.mq4   5 KB | 935 downloads
File Type: doc TREND_CATCHER GOLD SIGNAL.doc   79 KB | 1,362 downloads
  • #22
  • Oct 18, 2010 6:09am Oct 18, 2010 6:09am
Hi there,

Not a bother. I will study it and see if I can incorporate it.
  • #23
  • Nov 24, 2010 3:39am Nov 24, 2010 3:39am
Quoting hayseed
hey kenny.... extending the indication........... yeah, your bit........ and once the dashboard bug bites, well, consider it fatal.....

i'm still searching for a vaccine.....

//---

extending the indication is a big plus..... usually single purpose dashboards can be very informing but equally boring..... as it can take so long for any new signals/info to appear or change.....

to satisfy the boredom you can extend to infinte signals and allow the dashboard to change in a user selectable or timed pace.....

click on the...
Interesting! thanks so much

Q1.Is this dashboard v3?
in post #1.

Q2. Can this dashboard be modified to show only Stochastics? With OB (alphabets witten in RED when PA on close of candle is =/> 80) and vice versa for OS( alphabets written in GREEn when PA on close of candle is=< 20)?

I have been looking for something with the above modifications for sometime ie. MTF and multi currency.

Many thanks
  • #24
  • Nov 24, 2010 4:27am Nov 24, 2010 4:27am
does this dashboard work for IBFX mini accounts?

example eurusdm ( suffix with 'm')

If not.... can this code be added?
Many thanks
  • #25
  • Nov 24, 2010 5:19am Nov 24, 2010 5:19am
see attached images

Q1 what does the cross mean?
q2. The OS and OB of stochastics not in sync with dashboard?
How do I read this correctly?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: BOL dashboard.jpg Size: 171 KB
Click to Enlarge Name: BOL dashboard 2.jpg Size: 170 KB
  • #26
  • Nov 24, 2010 12:05pm Nov 24, 2010 12:05pm
Irathi,

The arrow direction does not indicate an overbought or oversold condition, only the fact that it has color mean overbought or oversold.

The direction of the arrow is determined by the dominant trend which is determined by 2 moving averages(defined in the external parameters).

The color of the arrow is determined by the bollinger band excursion relative to the trend, so for example, if price drops below the lower band and the trend is down, you will have a grey down arrow. If the pair becomes oversold, then the arrow will turn green, indicating that price is flowing with trend.

You would ideally be looking for red arrow since the trade would be an excursion opposite to the trend and the trade you would be looking to take would be a with trend trade.

The little cross is an indicator that the last candle closed on that instrument/TF was a doji, with a close outside the bollinger band.

Hope it helps.
  • #27
  • Nov 24, 2010 7:13pm Nov 24, 2010 7:13pm
Quoting kennyhubbard
Irathi,

The arrow direction does not indicate an overbought or oversold condition, only the fact that it has color mean overbought or oversold.

The direction of the arrow is determined by the dominant trend which is determined by 2 moving averages(defined in the external parameters).

The color of the arrow is determined by the bollinger band excursion relative to the trend, so for example, if price drops below the lower band and the trend is down, you will have a grey down arrow. If the pair becomes oversold, then the arrow will turn green,...
Thank you so much for this clarification.
  • #28
  • Nov 24, 2010 8:03pm Nov 24, 2010 8:03pm
I am always amazed at how people complicate such a simple concept as trading B Bands...........
  • #29
  • Nov 29, 2010 3:05am Nov 29, 2010 3:05am
Quoting lrathi
does this dashboard work for IBFX mini accounts?

example eurusdm ( suffix with 'm')

If not.... can this code be added?
Many thanks
Irathi,

I have made some changes and this dashboard now works with brokers that have a suffix attached to their currency pairs. It was not working before.
Attached File(s)
File Type: mq4 Bol_TP_Dashboard_v3.mq4   17 KB | 1,670 downloads
  • #30
  • Nov 29, 2010 6:46pm Nov 29, 2010 6:46pm
Quoting kennyhubbard
Irathi,

I have made some changes and this dashboard now works with brokers that have a suffix attached to their currency pairs. It was not working before.
Thank you so much.
  • #31
  • Jul 12, 2011 11:35pm Jul 12, 2011 11:35pm
it is a great dashboard, simple to understand and use. Thanks for your excellent job.

for me, I will follow the trend of hour, 4 hour and daily trend, try to against the small trend such as 15 and 30 min. In my opinion, if large timeframe is down, and small trend is up, suggest a good retracement. I can wait at important fibonacci level of 4 hours or original resistance level to against the small trend. The stoploss can be small and target should be big since we follow the big trend.

So this dashboard tell you anything for the pairs and trends.
  • #32
  • Jun 16, 2012 4:21am Jun 16, 2012 4:21am
could you let me know the numbers, arrows and smiley faces on those pairs means?

Quoting kennyhubbard
http://img840.imageshack.us/img840/5189/legendi.jpg
  • #33
  • Last Post: Dec 5, 2024 2:45pm Dec 5, 2024 2:45pm
Guys, where is indo?:
Herewith a summary of the inputs and installation instructions as posted at indo.
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