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Bollinger bands stops (new version)

  • #1
  • First Post: Feb 13, 2017 7:18am Feb 13, 2017 7:18am
This is a new version of a well known Bollinger bands stops indicator
This version is using new mt4 possibilities, and is more rational when it comes to multi time frame mode (lighter on the CPU)
It can use one of the 5 average methods for calculations :

  1. simple moving average (SMA)
  2. exponential moving average (EMA)
  3. smoothed moving average (SMMA)
  4. linear weighted moving average (LWMA)
  5. triple exponential moving average (TEMA)

It can display any combination of :

  1. displaying lines
  2. displaying dots/arrows
  3. displaying colored bars

All in all 7 types of display.
Also usual set of alerts included and is already multi time frame (with linear interpolation included into multi time frame mode)

Insert

Attached Image (click to enlarge)
Click to Enlarge Name: bb stops.png Size: 135 KB
Attached File(s)
File Type: mq4 BB stops (new format) 1.3.mq4   20 KB | 11,079 downloads
  • #2
  • Feb 13, 2017 7:24am Feb 13, 2017 7:24am
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator This version is using new mt4 possibilities, and is more rational when it comes to multi time frame mode (lighter on the CPU) It can use one of the 5 average methods for calculations : simple moving average (SMA) exponential moving average (EMA) smoothed moving average (SMMA) linear weighted moving average (LWMA) triple exponential moving average (TEMA) It can display any combination of : displaying lines displaying dots/arrows displaying colored bars All in all 7 types of display....
As usual, more help from you
Thanks
  • #3
  • Feb 13, 2017 7:54am Feb 13, 2017 7:54am
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator This version is using new mt4 possibilities, and is more rational when it comes to multi time frame mode (lighter on the CPU) It can use one of the 5 average methods for calculations : simple moving average (SMA) exponential moving average (EMA) smoothed moving average (SMMA) linear weighted moving average (LWMA) triple exponential moving average (TEMA) It can display any combination of : displaying lines displaying dots/arrows displaying colored bars All in all 7 types of display....
Hey M., thank you for all your efforts here and on TSD, when everyone else is selling their mediocre Indicators you are sharing for Free your excellent ones, a rare gem in this world.

Best.
Master Your Setup, Master Your self. (NQoos)
  • #4
  • Feb 13, 2017 10:57am Feb 13, 2017 10:57am
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator
Great work as always, many thanks for sharing.
  • #5
  • Feb 13, 2017 4:28pm Feb 13, 2017 4:28pm
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator This version is using new mt4 possibilities, and is more rational when it comes to multi time frame mode (lighter on the CPU) It can use one of the 5 average methods for calculations : simple moving average (SMA) exponential moving average (EMA) smoothed moving average (SMMA) linear weighted moving average (LWMA) triple exponential moving average (TEMA) It can display any combination of : displaying lines displaying dots/arrows displaying colored bars All in all 7 types of display....
Hi
Thanks kind man
regards
  • #6
  • Feb 13, 2017 4:32pm Feb 13, 2017 4:32pm
Quoting talaate
{quote} As usual, more help from you Thanks
Hi talaate
Hope you are fine,since long no news from you,but i think now it is possible
i guess you are not aware of "http://www.forex-station.com/latest"
regards
  • #7
  • Feb 13, 2017 5:31pm Feb 13, 2017 5:31pm
Quoting mntiwana
{quote} Hi talaate Hope you are fine,since long no news from you,but i think now it is possible i guess you are not aware of "http://www.forex-station.com/latest" regards
Thanks brother
In fact I stopped with TSD, you may and some others don't like what I'll say but I got feeling that the new owner of TSD (of course you know the names of) destroyed that forum, therefore, I decide to not post or comment or even to not regularly follow TSD
As you know, FF is not TSD, however I am happy her and I hope mladen also continue posting her in FF and I beleive he will also hep the FF people as usual.
Also from time to time mrtools also posting in FF
Regards

------------------------------------------------------------------------------------------
By the way I just made registeration in http://www.forex-station.com/latest
Thanks
  • #8
  • Feb 15, 2017 7:15am Feb 15, 2017 7:15am
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator This version is using new mt4 possibilities, and is more rational when it comes to multi time frame mode (lighter on the CPU)................Insert {file} {image}
I dont really fancy the BB bands, but have to say this version changed my view on BB
it is more precise and defo a better choice _ Many Thanx for this
The arriving better than the arrival, the journey has just started
  • #9
  • Mar 5, 2017 5:36pm Mar 5, 2017 5:36pm
Quoting mladen
This is a new version of a well known Bollinger bands stops indicator
Dear Sir,

I don't know how to contact you privately, hence this post.

Many thanks for sharing your excellent indicator, and also the indicator here.

I would like to write a trend-following MT4 EA that uses iCustom() to retrieve values from both of your indicators, and use them as filters for its entries and exits.

As you've been so generous to share the indicators publicly, I believe that I should also share the finished EA on Forex Factory's forum. However, I won't proceed without your permission. Please let me know if it's OK.

Many thanks,
David
  • #10
  • Mar 6, 2017 12:46am Mar 6, 2017 12:46am
Quoting hanover
{quote} Dear Sir, I don't know how to contact you privately, hence this post. Many thanks for sharing your excellent indicator, and also the indicator here. I would like to write a trend-following MT4 EA that uses iCustom() to retrieve values from both of your indicators, and use them as filters for its entries and exits. As you've been so generous to share the indicators publicly, I believe that I should also share the finished EA on Forex Factory's forum. However, I won't proceed...
David

By all means you have the permission

regards
Mladen
  • #11
  • Mar 6, 2017 12:53am Mar 6, 2017 12:53am
Quoting mladen
{quote} David By all means you have the permission regards Mladen
Wow it is great 1 st of all thanks mladen from bottom of heart for update bb stop and share.2ndly advance congrates to hanover for EA ,egerly waiting to see ..God Bless Both of you.
Say something meaningful or Silence!!
  • #12
  • Mar 6, 2017 11:12am Mar 6, 2017 11:12am
Quoting mladen
David By all means you have the permission regards Mladen
Many thanks.

Quoting classy
Wow it is great 1 st of all thanks mladen from bottom of heart for update bb stop and share.2ndly advance congrates to hanover for EA ,egerly waiting to see ..God Bless Both of you.
You're welcome, I will start work on the EA shortly.
  • #13
  • Mar 6, 2017 11:45am Mar 6, 2017 11:45am
Quoting hanover
Many thanks. You're welcome, I will start work on the EA shortly.
Thank you in advance for creating a public EA.

Would you please explain the method you're planning to use those two indicators?

The reason I ask is because perhaps your method of using those indicators can be manually traded or traded using other tools.
  • #14
  • Edited 2:21pm Mar 14, 2017 2:00pm | Edited 2:21pm
Quoting hanover
{quote} Dear Sir, I don't know how to contact you privately, hence this post. Many thanks for sharing your excellent indicator, and also the indicator here. I would like to write a trend-following MT4 EA that uses iCustom() to retrieve values from both of your indicators, and use them as filters for its entries and exits. As you've been so generous to share the indicators publicly, I believe that I should also share the finished EA on Forex Factory's forum. However, I won't proceed...
hanover
good idea regarding EA,new bb stop is really a nice trending indicator
and as for filtering,there are so many options you can choose from (i means variety of MLADENs indicators)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM15-bbstopnew1.2tema.png Size: 35 KB
Click to Enlarge Name: EURUSDM30.png Size: 44 KB
  • #15
  • Mar 15, 2017 5:58am Mar 15, 2017 5:58am
First of All, I'd like to thank Mladen for sharing this amazing amended indicator.
However, I've tried to install this indicator on my MT4 terminal and enjoy using the advanced options, but it didn't work on my MT4. So, may you teach me guys how to install it on my MT4> please. and thank you all in advance.
please note that I used google to learn how to install a customized indicator and I followed the steps, but it didn't work at the end.
  • #16
  • Mar 15, 2017 6:11am Mar 15, 2017 6:11am
Quoting Goldsfather
First of All, I'd like to thank Mladen for sharing this amazing amended indicator. However, I've tried to install this indicator on my MT4 terminal and enjoy using the advanced options, but it didn't work on my MT4. So, may you teach me guys how to install it on my MT4> please. and thank you all in advance. please note that I used google to learn how to install a customized indicator and I followed the steps, but it didn't work at the end.
All you have to do is to do the same as you do with any other custom indicator
Check your indicators folder if you have copied it to correct folder. The location of your indicators folder you can see if you go to "File->Open Data Folder" and then you shall see "MQL->Indicators" folder there and check if the bb stops mq4 file is there. If it is not, copy it there
  • #17
  • Mar 15, 2017 6:31am Mar 15, 2017 6:31am
Quoting mladen
{quote} All you have to do is to do the same as you do with any other custom indicator Check your indicators folder if you have copied it to correct folder. The location of your indicators folder you can see if you go to "File->Open Data Folder" and then you shall see "MQL->Indicators" folder there and check if the bb stops mq4 file is there. If it is not, copy it there
Dear Mladen, I really appreciate your precious efforts to help me, but it seems there's a hidden chain in my understanding to apply a new indicator.
Kindly note that I copied the file into the right folder and when I opened my MT4 terminal and wanted to use it. it was marked with green spot instead a gold spot as the others, in addition to that I tried to press on it and do anything to use but my tries were unsuccessful.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 400 KB
Click to Enlarge Name: 2.jpg Size: 739 KB
  • #18
  • Mar 15, 2017 7:59am Mar 15, 2017 7:59am
Quoting Goldsfather
{quote} Dear Mladen, I really appreciate your precious efforts to help me, but it seems there's a hidden chain in my understanding to apply a new indicator. Kindly note that I copied the file into the right folder and when I opened my MT4 terminal and wanted to use it. it was marked with green spot instead a gold spot as the others, in addition to that I tried to press on it and do anything to use but my tries were unsuccessful. {image} {image}
Right click in that list of indicator and chose refresh. Or restart terminal. If still remains un-compiled, if you have tried to change something in the code revert the changes or use the original file from the first post of this thread
  • #19
  • Mar 15, 2017 8:37am Mar 15, 2017 8:37am
Thanks mladen. Good indicator.
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #20
  • Mar 16, 2017 2:26am Mar 16, 2017 2:26am
Thankyou MLADEN, i like this indi..
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