MACD Bollinger Band Hybrid

• 05/07/2018 at 7:29 PM #69965
  juanj

  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

  

  juanj

  Participant

  Topics: 51

  Replies: 505

  Been thanked: 170 times
  05/08/2018 at 7:23 PM #70011
  Nicolas

  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/

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  05/09/2018 at 12:39 PM #70066
  Nicolas

  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

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20828

  Been thanked: 4742 times
  05/09/2018 at 1:39 PM #70072
  juanj

  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.

  

  juanj

  Participant

  Topics: 51

  Replies: 505

  Been thanked: 170 times
  05/30/2018 at 8:48 PM #71738
  juanj

  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/

  1 user thanked author for this post.

  Nicolas

  

  juanj

  Participant

  Topics: 51

  Replies: 505

  Been thanked: 170 times
• Author
  Posts