This is a discussion on BBands_Stop within the Trading tools forums, part of the Trading Forum category; Originally Posted by igorad Hi pakeha, Please check out the updated BBands_Stop Histo indicator. Attachment 26926 Regards, Igor Hi Thanks ...
Igorad
On the BBands Stop Histogram indicator there is a wide bar (width = 3) and narrow bar (width = 1). What triggers the wide bar to be printed? Thanks
Hi pakeha,
You can see the blue wide bar if Close > Upper band for uptrend and the red wide bar if Close < Lower band for downtrend (see the attached screenshot).
Attachment 27220
Regards,
Igor
Thanks. Is that the unibetterbands indicator in the main window?
Premium section indicator -
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UniEMAConfidenceBands_v1.0 600+ indicator is on this post (premium section link). This is Universal Multi-pole and Multi-order filter based on EMA and Confidence Bands, with MTF feature and with all kinds of alerts.
The theory related to this indicator:
- Confidence and prediction bands - wikipedia
- Moving Average Time Series - the article
- Statistical Estimations - mql5 article
Any chance to have a version of this indicator, BBands_Stop, for MT5?
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