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Bollinger Bands Width indicator - fixing BB shortcomings

Bollinger Bands Width indicator - fixing BB shortcomings

September 5, 2023

Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It

Bulls and Bears power indicators - who is stronger in the market

Bulls and Bears power indicators - who is stronger in the market

September 5, 2023

The movement of quotes is a struggle between buyers and sellers, trying to push the price in on

Chande Kroll Stop indicator - a tool for setting stops

Chande Kroll Stop indicator - a tool for setting stops

September 5, 2023

Most indicators are used to search for signals to enter the market, a preliminary analysis of h

The ATR channel all MAs jm indicator permits you to show the ATR channel calculated in line with the chosen transferring common on the chart.

There are 9 customary MA from MetaTrader 5 out there for choice, – SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, in addition to 4 non-standard ones – LRMA, HMA, JMA, AFIRMA.

  • Channel sort – true: ATR channel, false: worth channel.
  • Methodology MA – choose the kind of transferring common to show on the chart.
  • Interval MA – the variety of bars to calculate MA.
  • Interval ATR – the interval for calculating ATR.
  • Width channel – the width of the channel, set because the variety of ATR.
  • Utilized Value – the kind of worth (shut, excessive, low …).

For guide buying and selling: a “common software” that permits you to analyze traits and breakouts from a single window on the chart.

For automated buying and selling: permits you to optimize the kind of MA as a traditional parameter. It is sufficient to make “Methodology MA” the enter parameter within the Professional Advisor. The technique won’t work on BB EMA, however it will likely be worthwhile when utilizing BB VIDYA or AMA. If you’re going to make an adviser, add an enumeration to its code: {SMA=0,EMA=1,SMMA=2,LWMA=3,DEMA=4,TEMA=5,FRAMA=6,VIDYA=7,AMA=8,LRMA=9,HMA=10,JMA=11,AFIRMA=12}.

Key Features of Algorithmic Trading Software

17 January 2014

2.10

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