Hello,
I need the following indicator to put in the same window of color stochastic:
during trend bollinger bands become widen.....then trend stops and there is treding range.During trading range bollinger bands contract and in this situation is very good stoc oversold.
It occours:
1) bollinger band width 71 and std 2
2) sma 15 of bollinger band width
3) stoc 5-3-3
EXPLANATION:
when bbw cross below its sma15 and for 5 bars after
and
when stoc is <=30
indicator is 80...otherwise is 20
input for color and for level (20-80)
thank's in advance
I need the following indicator to put in the same window of color stochastic:
during trend bollinger bands become widen.....then trend stops and there is treding range.During trading range bollinger bands contract and in this situation is very good stoc oversold.
It occours:
1) bollinger band width 71 and std 2
2) sma 15 of bollinger band width
3) stoc 5-3-3
EXPLANATION:
when bbw cross below its sma15 and for 5 bars after
and
when stoc is <=30
indicator is 80...otherwise is 20
input for color and for level (20-80)
thank's in advance
Attached File(s)
Color Stochastic v1.02.mq4
12 KB
|
337 downloads
Bandwidth Indicator.mq4
2 KB
|
326 downloads