Hi there!
I use the 'Bollitoucher' indicator to give me a coloured alert circle which I then use as a trigger for an AHK script to autotrade for me, however the problem I have with the bollitoucher is that some alerts never actually have the price cross the band, it alerts me when the price retraces and the band moves back towards the SMA and touches the wick of the candle. Therefore, to overcome this, I want to change the Bollitoucher bollinger band price calculation to CANDLE HIGH (I will then create a duplicate file for CANDLE LOW), this way the band wont retrace back on itself and give me a false trigger and the arrow wont repaint, it will either cross the band and give me the signal or give me no signal even when the DEFAULT 'CLOSE PRICE' BB bands move back on themselves and touches candle wicks.
I've attached 2 indicators, the Bollitoucher file that I want to change and a bollinger band indicator that I found that has modified the bands to calculate from the CANDLE HIGH (I have no idea if this helps or not :S). I've got by this far managing to make my own small amendments to indicator code, but I can't figure this one out by myself, I'd really appreciate it if someone could help
Thanks!
I use the 'Bollitoucher' indicator to give me a coloured alert circle which I then use as a trigger for an AHK script to autotrade for me, however the problem I have with the bollitoucher is that some alerts never actually have the price cross the band, it alerts me when the price retraces and the band moves back towards the SMA and touches the wick of the candle. Therefore, to overcome this, I want to change the Bollitoucher bollinger band price calculation to CANDLE HIGH (I will then create a duplicate file for CANDLE LOW), this way the band wont retrace back on itself and give me a false trigger and the arrow wont repaint, it will either cross the band and give me the signal or give me no signal even when the DEFAULT 'CLOSE PRICE' BB bands move back on themselves and touches candle wicks.
I've attached 2 indicators, the Bollitoucher file that I want to change and a bollinger band indicator that I found that has modified the bands to calculate from the CANDLE HIGH (I have no idea if this helps or not :S). I've got by this far managing to make my own small amendments to indicator code, but I can't figure this one out by myself, I'd really appreciate it if someone could help
Thanks!
Attached File(s)
BolliToucher.mq4
6 KB
|
934 downloads
Bollinger SMA High.mq4
3 KB
|
911 downloads