Dreadblitz

Bollinger Bands on Macd

Only longs when Macd line is above Bollinger Band and shorts when Macd line is above Bollinger Band , this will avoid many problems.

thumbs up!!!
Release Notes: ADDED ALERTS
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Kommentarer

Hello! I am new to this. Can you help me understand what is the difference between ema(BBMacd,9) and ema(close,lenta) ? I am trying to understand what Avg is. It's clear that ema(close, lenta) returns the Moving Average for the lenta periods.. but ema(BBMacd,9) doesn't make sense in the context of BBMacd being a price difference..

Thanks!!
+10 Svara
Dreadblitz crimaru
@crimaru, hello is simply an ema BBMacd to create the upper and lower band with stdv and SDev, greetings
Svara
Work perfectly, great job. Congratulations! ...and thanks for giving away your talent.
+6 Svara
Dreadblitz seatfive
@seatfive, thank you very much greetings
+1 Svara
Hello thx for the indicator! How can I change the setting so I can set this to a different time frame? (for example, set this to 4 hr on a 1 hr chart)
+4 Svara
thank
Svara
hi, is it possible to make an indicator like this using RSI or OBV?
Svara
Magnificent
Svara
Super did you create an Mt5 indicator for it ???
Svara
awesome!
Svara