Better Bollinger Bands?

So from what i have read around the net the stock MT4 bollinger bands are not the best so im wondering if anyone can point in the direction of better ones.
Thanks

Bollinger bands are what they are. Those provided in MT4 work correctly, i.e. according to John Bollinger's original formula. Like all indicators, they are merely a tool, no better or worse than any other indicator. Your P/L depends on how effectively you use the tools in the context of an overall strategy.

If you don't like BBs, some possible alternatives are moving average envelopes, Keltner channels, and Donchian channels. It's easy enough to find MT4 indicators for these using Google.

JustyJust,

take a look at post #17 of this link:

http://www.forex-station.com/viewtop...12977&start=10

Sixer

Cool cheers, the MA looks pretty nuts. Have you used this?

Wow, some really interesting indicators in that thread, that I haven't seen before; many thanks for sharing.

JJ,

i use MT5 but this indicator is not yet available for the new version - mrtools is still in the process of adapting the changes from MT4 to MT5.
So, i can`t provide any comment.

Sixer