Hi,
This is a new Bollinger Band Alert indicator that has onboard:
New smoothed bands feature that smooth bands on different methods
New step feature that set minimal threshold of change all Bollinger band lines
MTF feature that allows to display any higher timeframe on a current chart
Lots of different alerts types
In addition
Supported Features :
Projectreaper Connect – USER GUIDE
Projectreaper Trend OS Filters – USER GUIDE
Settings :
TimeFrame – Timeframe to display
InpBandsPeriod – BB period
InpBandsShift – BB shift
InpBandsDeviations – BB deviation
InpBandsPipsOffset – offset from BB lines
Step – minimal threshold of change for all Bollinger band lines
IndicatorSmooth – smooth period
IndicatorSmoothMethod – smooth method
DrawBars – amount of bars to show
Calculation – current or previous bar signals
NO_ALERTS – no signals at all just indicator on a chart
OUTSIDE_OF_BB_RANGE – current price out of BB range
BREAK_OUT_BB – breakout BB range (first signal candle, the classic scheme of logic)
FAKE_BREAK_OUT – fake breakout so when the candle break BB range and the next candle is closing in the range back
BREAK_IN_BB – this is break in signal from outside bb range to the middle prices
inverted signals to follow the price breakouts
INVERTED_OUTSIDE_OF_BB_RANGE – inverted signal on current price out of BB range
INVERTED_BREAK_OUT_BB – inverted signal on breakout BB range (first signal candle, the classic scheme of logic)
INVERTED_FAKE_BREAK_OUT – inverted signal on fake breakout so when the candle break BB range and the next candle is closing in the range back
INVERTED_BREAK_IN_BB – inverted signal on this is break in signal from outside bb range to the middle prices
BREAK_BB_RANGE – combination of break out and inverted break in signals
INVERTED_BREAK_BB_RANGE – combination of inverted break out and break in signals
An additional signal modifier Candles_Flip has been added, by default it is set to NO, if you select YES, i.e. enable it, an additional condition for changing the direction of candlesticks will be added to any of the signals: for buy signals – a bearish candle to a bull, for sell signals – a bullish candle to a bearish.
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
