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Two bollinger bands

This is a discussion on Two bollinger bands within the Trading Systems forums, part of the Trading Forum category; Line RED Open position Line YELLOW Close position 1th Bollinger Bands: Period=21 Deviations=1 2nd Bollinger Bands: Period=21 Deviations=2...

          
   
  1. #1
    Member mariotrinchero's Avatar
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    Two bollinger bands

    Two bollinger bands-eurusdh1.png

    Line RED Open position
    Line YELLOW Close position

    1th Bollinger Bands: Period=21 Deviations=1
    2nd Bollinger Bands: Period=21 Deviations=2
    Last edited by mariotrinchero; 02-13-2016 at 10:39 PM.
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  2. #2
    Administrator newdigital's Avatar
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    Hi mariotrinchero,

    Which setting do you use?
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  3. #3
    Member mariotrinchero's Avatar
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    Period 21
    Deviations 1 and 2

  4. #4
    Administrator newdigital's Avatar
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    Yes, it's interesting:

    Two bollinger bands-eurusd-h1-alpari-limited.png


    As I understand - we are openning the trade on price crossing first BB (on close bar), and closing the trading on the price crossing the second BB (on close bar too).
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  5. #5
    Administrator newdigital's Avatar
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    We can use the following indicator instead of standard BB (I mean - one AllBollingerBands_v2.0 600+ indicator with period 21 instead of 2 standard BB):

    AllBollingerBands
    - AllBollingerBands_v2.0 600+ indicator is on this post.

    Two bollinger bands-eurusd-h1-alpari-limited-2.png
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  6. #6
    Member mariotrinchero's Avatar
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    Hi newdigital
    Exactly!
    I prefer to use standard indicators because I use iPhone or iPad app of metatrader 4
    and custom indicators are not available,unfortunately.
    Could you make an EA of this method?

  7. #7
    Member mariotrinchero's Avatar
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    use this .tpl and this indicator .mq4

    2BOLL.tpl
    dailylines.mq4

  8. #8
    Senior Member mql5's Avatar
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    Triple Bolling - indicator for MetaTrader 5

    Triple Bolling - indicator for MetaTrader 5

    Two bollinger bands-nzdusd-h4-metaquotes-software-corp.png


    Two bollinger bands-nzdusd-d1-metaquotes-software-corp.png


    • "The advanced presentation of the Bollinger Bands indicator that allows to visualize the minute candlesticks in particular."
    • "In fact, the indicator draws three pair of the Bollinger Bands with a standard deviation rate of 2, 3 and 4, respectively. Default period is 50, it is convenient to work on the minute candlesticks."
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  9. #9
    Administrator newdigital's Avatar
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    Premium section indicators:

    UniBetterBands_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
    UniBetterBandwidth_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.

    Two bollinger bands-audusd-h4-gci-financial.png


    Two bollinger bands-ftse-100-d1-gci-financial.png
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  10. #10
    Administrator newdigital's Avatar
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    The other premium section indicator related to BB (and which is similar to the Jurik Spandex Bands):

    Two bollinger bands-audusd-d1-gci-financial.png


    JurikBands_v3.1 600+ indicator is on this post. This is fixed version of this indicator.
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