BB_OutsideCandle_Alert

[Apprentice]

Based on request.
viewtopic.php?f=27&t=60852

This indicators will display the historical signals produced by any bearish candle opening and closing outside the top bollinger band for a short signal and any bullish candle opening and closing outside the bottom bollinger band for a long signal.

It will also display a sound and visual alert if the condition is met after the last close (the previous candle before the current one).

Customizable colors and displays.

BB_OutsideCandle_Alert.mq4

(3.67 KiB) Downloaded 1515 times

[dannyboybet247]

is it possible to have the indictor alert when a candle closes outside of the bb from inside and place arrow on open of next candle

[Apprentice]

Your request is added to the development list, Under Id Number 3653
If someone is interested to do this task, please contact me.

[Apprentice]

Feature added to permit the signals when a candle closes outside the bands while opening inside. Please note that to have valid signals with this method (Mode_Inside_Out = true) the standard deviation should be increased to greater than 2.

[BADO35]

Feature added to permit the signals when a candle closes outside the bands while opening inside. Please note that to have valid signals with this method (Mode_Inside_Out = true) the standard deviation should be increased to greater than 2.

dear Apprentice, i am looking exactly for this indicator (BB indicator incl. alert triggered when candle close outside band). however i could not find the indicator as you have mentioned in your reply. i am new member, please help

[Apprentice]

BB_OutsideCandle_Alert.mq4 First post on the topic.

[LuckyLucos]

Hello Apprentice.

Could it be possible to make an EA with this indicator?

Entry for buy:
Buy when candle's low cross below the Low Bollinger Band.
SL 5 pips below candle's low.
TP at the Middle Bollinger Band.

Entry fo sell:
Sell when candle's high cross above the Upper Bollinger Band.
SL 5 pips above candle's high.
TP at the Middle Bollinger Band.

And, if possible, only entries for buying and selling when the price is in a squeeze zone.

Thanks.

[Apprentice]

We have added your request to the development list.
Development reference 97.