Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Custom Indicators
  3. MT4 / MT5 Indicators
  4. Bollinger bands

Bollinger bands

Discussion started on MT4 / MT5 Indicators

Print
Pages: 1 ... 10 11 [12] 13   Go Down

Dian putra

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Bollinger Band indicators are included in the Lagging Indicator category. Can be seen from the movement in each Time Frame (TF) that follows the candlestick.
#166 - May 26, 2019, 04:58:59 PM

antint

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Typically, Bollinger Bands indicators are used for forex trading when the market is sideways. However, it can actually also be used when the market is trending,
#167 - May 27, 2019, 07:35:57 AM

ASHfx

  • Sr. Member
  • Posts: 458
  • Points: -5
  • Likes Received: 145
  • Reputation: +12/-1
Quote from: antint on May 27, 2019, 07:35:57 AM
Typically, Bollinger Bands indicators are used for forex trading when the market is sideways. However, it can actually also be used when the market is trending,
Bollinger indicators function a lot, not just sideways conditions, for trends by adding a number of other indicator combinations into bollinger bands can certainly be used for other market conditions.
#168 - May 27, 2019, 07:51:51 AM

nandana

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Bollinger Band has a characteristic that distinguishes it from other indicators, namely the existence of the Upper and Lower lines as a determinant of the price limit in the trend.
#169 - May 27, 2019, 01:44:25 PM

Fahrul

  • Newbie
  • Posts: 20
  • Points: 0
  • Likes Received: 8
  • Reputation: +0/-0
Bollinger band indicators are theoretically the easiest to use compared to other indicators, consisting of three lines, namely upperband, midleband and lowerband. 
The use is simple, just enter the buy order at lowerband and sell on upperband.
#170 - May 31, 2019, 09:40:28 PM

adib

  • Starter
  • Posts: 8
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: Agjsltn on February 09, 2019, 11:10:43 AM
Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
yes I agree to the use of this index for scalping. I want to ask, how to find out the current direction, which is sideway?
#171 - June 08, 2019, 02:59:19 PM

Gombloh

  • Hero Member
  • Posts: 1025
  • Points: 2067
  • Likes Received: 296
  • Reputation: +6/-4
I also agree if bollingerbands very efective when market ranging or sideway and use the upper to sell and lower to buy but when trending when the price close above the upper or below lower band somwtimes it will continuation and sometimes reversal
#172 - June 09, 2019, 07:28:44 PM

dwi furqon

  • Full Member
  • Posts: 121
  • Points: 0
  • Likes Received: 14
  • Reputation: +1/-0
right, I also agree with you. I am also a user of the bolinger band indicator, indeed this indicator is very suitable to be applied when sideway prices, but also when the trend is also this indicator also provides a good signal for entry. when I break the top line I sell and vice versa. This indicator is very simple and easy to use.

#173 - June 09, 2019, 10:14:44 PM
« Last Edit: June 09, 2019, 10:19:33 PM by dwi furqon »

Naps

  • Starter
  • Posts: 9
  • Points: 0
  • Likes Received: 1
  • Reputation: +0/-0
Quote from: dwi furqon on June 09, 2019, 10:14:44 PM
right, I also agree with you. I am also a user of the bolinger band indicator, indeed this indicator is very suitable to be applied when sideway prices, but also when the trend is also this indicator also provides a good signal for entry. when I break the top line I sell and vice versa. This indicator is very simple and easy to use.


The Bollinger indicator can also be used when the market is bullish or bearish, its function is not only in the sidewaya market, with the addition of MA, this bollingerband is an indicator of good accuracy.
#174 - June 10, 2019, 10:43:11 AM

dwi furqon

  • Full Member
  • Posts: 121
  • Points: 0
  • Likes Received: 14
  • Reputation: +1/-0
Quote from: Naps on June 10, 2019, 10:43:11 AM
The Bollinger indicator can also be used when the market is bullish or bearish, its function is not only in the sidewaya market, with the addition of MA, this bollingerband is an indicator of good accuracy.
yes I really agree with you, if we can find settings that match our techniques, this indicator is very able to generate maximum profit.
#175 - June 10, 2019, 03:48:12 PM
« Last Edit: June 10, 2019, 03:51:39 PM by dwi furqon »

widad

  • Newbie
  • Posts: 11
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
In ranging market conditions, the upper band and lower band of bollinger bands can act as resistance and support levels which can generate entry signals from reflected prices on both lines. To ensure that prices will actually move up or down after reaching the lower or upper limit of bollinger bands, traders can determine the price action, which is seen from the formation of candlesticks in that area.
#176 - June 24, 2019, 05:11:09 AM

nura

if the market sideway conditions will indeed be nice to use
#177 - June 26, 2019, 12:43:11 PM

buat

  • Newbie
  • Posts: 41
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: nura on June 26, 2019, 12:43:11 PM
if the market sideway conditions will indeed be nice to use
but identification is also difficult
#178 - July 03, 2019, 04:08:07 AM

Kirana5

  • Newbie
  • Posts: 11
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Quote from: Agjsltn on February 09, 2019, 11:10:43 AM
Bollinger bands is the default indicator that is on mt4 / mt5 this indicator is very suitable to use when the market is in sideway conditions, the way to enter a position is when the candlestick forms the bottom line or the upper line of the Bollinger bands. This indicator is very suitable for scalping. but when the market is in an uptrend or downtrend this indicator is not suitable for me.
depending on how we use it when the market is sideway or longer, I myself sidway as scalping and trand for long entry signals.
#179 - July 04, 2019, 02:06:32 PM

Agus

  • Newbie
  • Posts: 24
  • Points: 0
  • Likes Received: 8
  • Reputation: +0/-0
I just chose a lot of indicators that I just tried, one of them is a BB indicator and in my opinion understanding this indicator is simpler compared to other indicators.
#180 - August 07, 2019, 01:36:52 PM
Print
Pages: 1 ... 10 11 [12] 13   Go Up
  1. Forex Zone - Forex Forum
  2. Custom Indicators
  3. MT4 / MT5 Indicators
  4. Bollinger bands

Members:

0 Members and 3 Guests are viewing this topic.


Bollinger bands in MT4 / MT5 Indicators_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: