bottleneck of the bollinge bands
-
Hi. Does anyone know an efficient way to identify the bottleneck of the bollinge bands?
-
?
-
It would be like in this image, to identify when the bands taper, when it has little volatility.
Thank you for your attention!
-
ah you mean squeze ... this is little problem because each pair have different squeze ... but you can use indicator called bb_squeze .. this indicator is identifing bollinger band squeze .. try download this one modified (it should add speed to tester because original is very slow) :
https://www.forexfactory.com/showthread.php?p=8754944#post8754944 -
@miro1360 Hello i'm not sure if i am doing this right but i am trying to use the output buffers on this indicator, it looks like a histogram so i have tried using output buffer above a certain value but it never initiates a trade. Can it be used in this way ?.
-
-
@miro1360 When i try it out in MT4 i get a zerodivide error is it the same for you ?.
-
no, it is working for me ...
this is indicator modified by me:
0_1543428548458_bbsqueeze_dark_speed.mq4
download it into MQL4 indicators folder, rename to bbsqueeze_dark_speed.mq4
load it into My Indicators in fxDreema
and set blocks in fxDreema as in my previous post
test it -
@miro1360 Thanks i tried but for some reason it is still appearing.
-
it is problem with the logic in original indicator ..
this should skip the error with zero divide:
0_1543441140734_bbsqueeze_dark_speed.mq4 -
Thanks a lot for sorting that out. Really appreciate the help.
