Please implement Bollinger Bands and Envelopes as Indicators/Filters so we can define entry points below or above a certain band.
Suggestion for setfile extension:
Type: Disabled/BB/Envelopes
Timeframe
Band Period
Deviation
Shift
Method (Envelopes only)
Applied Price
Distance
Points/Coefficient
*
*
.... very equal to MA Filters.
Thanks!
Hi Andrey,
oh wow, okay. :-)
Thanks for the hint. This is not really visible in the EA settings itself (unless you know how BBs are build - I didn't know before) and the google document does not mention it. It just looks like you skipped one of the most important indicators.
Hi, Jan!
It is not "very equal to MA filters", it is exactly the same )
Just set "Distance type"= "Volatility * Coefficient" and needed Bands deviation as "Points / Coefficient" value.
Please, let me know if you're satisfied with this solution.
Here it is — https://communitypowerea.userecho.com/en/communities/7/topics/325-how-to-usu-bollingerbands-bb-as-an-entry-filter