Bollinger Band UB and LB
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Hi Pros,
I wanted to make the expansion of the Bollinger band as one of my criteria. I wanted my EA to check whether the BB expanded and if so, Do Something.
Appreciate your help as usual.
Thank you in advance.
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@marvinm I was looking at this the other day, in link you can see how to find when the BB squeezes and then spreads, you will have to work out when to act but the essentials are there: https://fxdreema.com/shared/cK6xkUfF
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@jstap Thank you so much... Will look into this and will try to understand.
Seems complicated. hehehehe.
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@marvinm When you get the understanding it's not complicated, but not simple.
This is the logic:
check BB hi/low distance on a candle then add 1 to candle ID and check again
when this is no longer true the opposite is checked
the conditions then check when the distance is correct for enough candles and display tight or apart
if gap isn't big or small enough for enough candles the comment will say transferring