This is a discussion on BBands_Stop within the Trading tools forums, part of the Trading Forum category; Hi, Please take a look at latest version of BBands_Stop. So now you have 2 MTF versions for MT4 and ...
Thanks Igorad. I will look at it later because we need some more trading systems to create many EAs (just my dream sorry)
Thank you for the indicator.
Is it possible to add an alert on thid please.
Thanks
Hi barryvincent,
I do not remember my settings sorry. I think Igorad can reply with his settings on the first post.
As to the system so this is 2 indicators:
"fast BB" and
"slow BB"
So, I do not remember the settings for "slow BB" sorry. But if it is just MA_Lenth value increased (to 55 or 100 for example) for "slow BB" so the rules are very simple one:
buy on fast BB dots (red for sell and blue/yellow for buy in case of agreement with "slow BB" (on the direction of it).
If the settings for the second BB ("slow BB") is MTF settings (something as 'Timeframe - 60 with M15 chart attached) so this system can not be used in normal way (because MTF indicators is "continuing painting" with MTF settings).
So, this system can be used only in case of "slow BB" is same indicator with MA_Lenth value increased.
The lines of the indicators (fast one or slow one) are trailing stop, and initial stop loss is the dot of the indicator.
But I do not remember exact settings for the second indicator sorry.
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