MACD Bollinger Band Hybrid

juanj · 2018-05-07T18:29:47+00:00

Good Day I have come across this indicator which promises to be a hybrid between the MACD and Bollinger Bands. Unfortunately, it is in Metatrader format which I don’t have access to. If someone can maybe extract the code for me and paste it here I will be willing to translate it for the benefit of the PRT library. The code can be found here: https://indicatorvault.com/macd-bb/macd-bb-fuse.zip

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05/07/2018 at 7:29 PM #69965 quote

juanj
Participant

Master

Good Day

I have come across this indicator which promises to be a hybrid between the MACD and Bollinger Bands. Unfortunately, it is in Metatrader format which I don’t have access to. If someone can maybe extract the code for me and paste it here I will be willing to translate it for the benefit of the PRT library.

The code can be found here:

https://indicatorvault.com/macd-bb/macd-bb-fuse.zip

macd-bb-fuse-screen-1020.png

05/08/2018 at 7:23 PM #70011 quote

Nicolas
Keymaster

Legend

The code is compiled and the source is not readable. If you could find the .mq4 format I would be able to translate the code for sure.

Also, for future mt4 code translate request, please use the post format explained in that post, thank you: https://www.prorealcode.com/topic/free-conversion-mt4-indicators-mql4/

05/09/2018 at 12:39 PM #70066 quote
Nicolas
Keymaster

Legend
Looking at the picture, I think this indicator is made of:
- the MACD (the red/blue bullets)
- average of the MACD
- Bollinger bands around the SMA of the MACD but with +/- factorized STD of MACD
05/09/2018 at 1:39 PM #70072 quote

juanj
Participant

Master

Nicolas, I think your interpretation is correct. I have requested the .mq4 format but not so sure they will provide it.

If not I am sure we can build it ourselves.

05/30/2018 at 8:48 PM #71738 quote

juanj
Participant

Master

My apologies for abandoning this thread but I found a similar indicator was already in the PRT library:

https://www.prorealcode.com/prorealtime-indicators/bb-macd-bollinger-bands-macd/

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