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 2 3 [4] 5 6 ... 13   Go Down

Qidarul

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
Quote from: Bahrul on February 10, 2019, 06:25:16 AM
For me trading using the bollinger band indicator is very difficult because I don't really know how to work from the bollinger band indicator. I also don't know when I have to start buying and I also don't know when I also start selling Especially after saprofit When do I have to stop profit and when I have to do more if the level moves are based on analysis of bollinger band indicators. the indicator is settled and simple but I have not mastered it because I don't know how it works and also how to set its value
if I personally choose the entry when the price touches the bottom line of the buyer, when the price forms a line above our seller, but I avoid more when the price is in the midline because the price might go up could go down
#46 - February 11, 2019, 06:16:08 AM

sri_yuliati

  • Newbie
  • Posts: 36
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
if you discuss bollinger bands so remember the Indonesian master ... if trading using bollinger bands .. and trade in the GBP pair and the correlation ...
#47 - February 11, 2019, 02:45:07 PM

lukmannuur

  • Newbie
  • Posts: 40
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
Quote from: sri_yuliati on February 11, 2019, 02:45:07 PM
if you discuss bollinger bands so remember the Indonesian master ... if trading using bollinger bands .. and trade in the GBP pair and the correlation ...
who do you mean? I myself am still a beginner for bollinger bands. who knows, I can learn about the knowledge he has. thanks.
#48 - February 11, 2019, 03:01:09 PM

harizona

  • Jr. Member
  • Posts: 56
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0

good night, I really like to use the bolinger band indicator, because I just have to buy and sell



#49 - February 11, 2019, 04:34:21 PM

Mohamad Fatkhurozi

  • Full Member
  • Posts: 122
  • Points: 0
  • Likes Received: 12
  • Reputation: +1/-0
Bollinger Bands (hereinafter we will refer to as BB) are one indicator that is also popular among traders. This indicator is named according to the name of the creator, namely John Bollinger.

Bollinger Bands can help you measure market volatility and estimate the range (range) of price movements. This indicator consists of three lines that move according to price movements. The three lines in question are upper band, middle band and lower band.
#50 - February 12, 2019, 02:28:15 AM

Mohamad Fatkhurozi

  • Full Member
  • Posts: 122
  • Points: 0
  • Likes Received: 12
  • Reputation: +1/-0
Bollinger Bands indicators are used to measure volatility and forex trading when the market is sideways. Very popular with traders and worth trying. Bollinger Bands is one of the technical indicators to measure volatility and determine the direction of price movement trends. In addition to the direction of the trend, this indicator is also used to determine overbought and oversold conditions. Characteristic, in market conditions sideways (ranging), the price moves between two bands (ribbon). This indicator was created by John Bollinger, a technician trader in 1980. Now, this indicator is very popularly used in trading in various types of financial markets, including the forex market.

Bollinger Bands can be found on trading platforms in general, including Metatrader4 (MT4) and Metatrader5 (MT5) with the default SMA parameters: 20 periods, and standard deviations: 2. To place them, look for the Insert menu >>> Indicators >>> Trend >> > Bollinger Bands. After applying to the chart,
#51 - February 12, 2019, 10:50:23 PM

ageseko

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
indeed these bollinger bands indicators are complete indicators in one form of indicator, can include reading trends, reading the buy / sell area as well as overbought / oversold areas, resistance support, breakout areas etc.
#52 - February 13, 2019, 01:53:05 AM

bagaskara30

  • Full Member
  • Posts: 139
  • Points: 0
  • Likes Received: 6
  • 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.
Hello, I am also a user of the Bollinger Bands indicator. indeed, bollinger bands are very and very often I use when sideways, especially the GBP pair, but when it's too long in a sideways state for a maximum of 2 days from eating away I will avoid the transaction first because in the GBP pair there is always a very significant movement up to 100-300 pips but after that he will be sideways again for a few days. I most often gain profits when sideways on the GbpJpy pair with the help of Bollinger Bands
#53 - February 14, 2019, 03:33:11 PM

SilorFX

  • Jr. Member
  • Posts: 78
  • Points: 500
  • Likes Received: 6
  • 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.
at this time I also use BBMA to trade on the forex market, although sometimes it still experiences margin calls but I will continue to use BBMA to be able to cheat on the technique well
#54 - February 14, 2019, 04:12:03 PM

Ruslan H

  • Full Member
  • Posts: 127
  • Points: 0
  • Likes Received: 51
  • Reputation: +1/-0
The simplest indicator to use for every beginner, I also remain faithful to use indicators
#55 - February 14, 2019, 04:17:36 PM

Qidarul

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 4
  • 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.
Iam into bollinger band indicator too, I love using it. Very usefull at scalping at lower time frame, and swing trades on higher. I set mine to 20 and combine it with SMA60, that's all it for me to analyze the chart. Found a free one bollinger indicator too that talks and send email, lol... crazy but I love it, it alerts me when I'm not looking at the PC.
#56 - February 15, 2019, 07:17:10 AM

ageseko

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
Quote from: Qidarul on February 15, 2019, 07:17:10 AM
Iam into bollinger band indicator too, I love using it. Very usefull at scalping at lower time frame, and swing trades on higher. I set mine to 20 and combine it with SMA60, that's all it for me to analyze the chart. Found a free one bollinger indicator too that talks and send email, lol... crazy but I love it, it alerts me when I'm not looking at the PC.
I also see many traders using this indicator and many searches are created to combine bollinger bands with other indicators, one of which is the moving average line which also combines with the oscillator type indicator.
#57 - February 15, 2019, 12:25:53 PM

paidto

Quote from: ageseko on February 15, 2019, 12:25:53 PM
I also see many traders using this indicator and many searches are created to combine bollinger bands with other indicators, one of which is the moving average line which also combines with the oscillator type indicator.
thank you very much for the advice given, and I will try to install this indicator and combine it with the MA line and the oscillator type indicator according to the advice of the mister
#58 - February 18, 2019, 06:37:57 AM

bagaskara30

  • Full Member
  • Posts: 139
  • Points: 0
  • Likes Received: 6
  • Reputation: +0/-0
Bollinger bands are very suitable for scalper types and when the market is in sideways condition. and if the market conditions are being sideways then the top BB is used for sell entry with the first take profit at the mid BB position and the second take profit at the BB bottom position. I usually use this for the M15 timeframe
#59 - February 18, 2019, 06:57:11 AM

Qidarul

  • Jr. Member
  • Posts: 58
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
Quote from: Ruslan H on February 14, 2019, 04:17:36 PM
The simplest indicator to use for every beginner, I also remain faithful to use indicators
Bollinger  bands is like my basic indicator, i always use it even though i dont know how to use it reliably, and im combining it with other indicators cuz i know i cant depend on it only 

I havent tried to combine it with MACD, I dont understand MACD and i dont like it cuz i heard that its lagged and always give late signals
#60 - February 18, 2019, 08:06:38 AM
Print
Pages: 1 2 3 [4] 5 6 ... 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: