Bollinger%B Histogram phases

This indicator uses the Bollinger%B which is a buy and sell indicator.

Being correlated to the Bollinger, by decreasing the values of this indicator, you get a momentum of intensity.

I have therefore chosen to use the 50-100-150-200 values for momentum.

It will indicate the phases on which the price is most likely to explode up or down.

However, to be more relevant and to limit false signals, I recommend using it with ichimoku, not for the trend it gives us, but for these signals to enter into position

Reminds: Tenkan + Kijun break or trend oriented Tenkan break

The values of this indicator make it more useful for scalping in order to limit false signals and benefit from the best opportunities this indicator offers.

Units larger than M5 will have no use unless you change the values 50-100-150-200 and the values 75 and 25 to find the best combination.

I recommend working on your own strategy.

Sincerely yours,

//--------------------Indicateur

s = 2
t = 1
prix = customclose
//BP1
gd2X = average[50,t](prix)
sdX = s*STD[50](prix)
bollsupX = gd2X + sdX
bollinfX = gd2X - sdX
BP1 = 100*(close - bollinfX)/ ( BOLLSUPX -BOLLINFX)

//BP2
gd2XX = average[100,t](prix)
sdXX = s*STD[100](prix)
bollsupXX = gd2XX + sdXX
bollinfXX = gd2XX - sdXX
BP2 = 100*(close - bollinfXX)/ ( BOLLSUPXX -BOLLINFXX)

//BP3
gd2XXX = average[150,t](prix)
sdXXX = s*STD[150](prix)
bollsupXXX = gd2XXX + sdXXX
bollinfXXX = gd2XXX - sdXXX
BP3 = 100*(close - bollinfXXX)/ ( BOLLSUPXXX -BOLLINFXXX)

//BP4
gd2XXXX = average[200,t](prix)
sdXXXX = s*STD[200](prix)
bollsupXXXX = gd2XXXX + sdXXXX
bollinfXXXX = gd2XXXX - sdXXXX
BP4 = 100*(close - bollinfXXXX)/ ( BOLLSUPXXXX -BOLLINFXXXX)

//--------------------Commandes Des Signaux Haussier

//Signal Trend UP
if BP1 > 75 and BP2 > 75 and BP3 > 75 and BP4 > 75 then
signal5 = 1
else
signal5 = 0
endif
if signal5 = 1 then
backgroundcolor(62,169,203,30)
endif

//--------------------Commandes Des Signaux Baissier

//Signal Trend Down
if BP1 < 25 and BP2 < 25 and BP3 < 25 and BP4 < 25 then
signal10 = 1
else
signal10 = 0
endif
if signal10 = 1 then
backgroundcolor(73,73,73,30)
endif

return

//--------------------Indicateur

s = 2

t = 1

prix = customclose

//BP1

gd2X = average[50,t](prix)

sdX = s*STD[50](prix)

bollsupX = gd2X + sdX

bollinfX = gd2X - sdX

BP1 = 100*(close - bollinfX)/ ( BOLLSUPX -BOLLINFX)

//BP2

gd2XX = average[100,t](prix)

sdXX = s*STD[100](prix)

bollsupXX = gd2XX + sdXX

bollinfXX = gd2XX - sdXX

BP2 = 100*(close - bollinfXX)/ ( BOLLSUPXX -BOLLINFXX)

//BP3

gd2XXX = average[150,t](prix)

sdXXX = s*STD[150](prix)

bollsupXXX = gd2XXX + sdXXX

bollinfXXX = gd2XXX - sdXXX

BP3 = 100*(close - bollinfXXX)/ ( BOLLSUPXXX -BOLLINFXXX)

//BP4

gd2XXXX = average[200,t](prix)

sdXXXX = s*STD[200](prix)

bollsupXXXX = gd2XXXX + sdXXXX

bollinfXXXX = gd2XXXX - sdXXXX

BP4 = 100*(close - bollinfXXXX)/ ( BOLLSUPXXXX -BOLLINFXXXX)

//--------------------Commandes Des Signaux Haussier

//Signal Trend UP

if BP1 > 75 and BP2 > 75 and BP3 > 75 and BP4 > 75 then

signal5 = 1

else

signal5 = 0

endif

if signal5 = 1 then

backgroundcolor(62,169,203,30)

endif

//--------------------Commandes Des Signaux Baissier

//Signal Trend Down

if BP1 < 25 and BP2 < 25 and BP3 < 25 and BP4 < 25 then

signal10 = 1

else

signal10 = 0

endif

if signal10 = 1 then

backgroundcolor(73,73,73,30)

endif

return

//--------------------Paramettre de Base

//Paramettre de Cadrage
if close > open then
signalC = 1
else
signalC = 0
endif
if signalC = 1 then
drawcandle(75,75,75,75)coloured(0,0,0,0)
endif
if signalC = 0 then
drawcandle(25,25,25,25)coloured(0,0,0,0)
endif

//Indicateur

s = 2
t = 1
prix = customclose

gd2X = average[50,t](prix)
sdX = s*STD[50](prix)
bollsupX = gd2X + sdX
bollinfX = gd2X - sdX
BP1 = 100*(close - bollinfX)/ ( BOLLSUPX -BOLLINFX)

gd2XX = average[100,t](prix)
sdXX = s*STD[100](prix)
bollsupXX = gd2XX + sdXX
bollinfXX = gd2XX - sdXX
BP2 = 100*(close - bollinfXX)/ ( BOLLSUPXX -BOLLINFXX)

gd2XXX = average[150,t](prix)
sdXXX = s*STD[150](prix)
bollsupXXX = gd2XXX + sdXXX
bollinfXXX = gd2XXX - sdXXX
BP3 = 100*(close - bollinfXXX)/ ( BOLLSUPXXX -BOLLINFXXX)

gd2XXXX = average[200,t](prix)
sdXXXX = s*STD[200](prix)
bollsupXXXX = gd2XXXX + sdXXXX
bollinfXXXX = gd2XXXX - sdXXXX
BP4 = 100*(close - bollinfXXXX)/ ( BOLLSUPXXXX -BOLLINFXXXX)

//--------------------Visuel BP

//BP1
if BP1 > 75 then
BP1 = 81.25
elsif BP1 < 25 then
BP1 = 18.75
endif

//BP2
if BP2 > 75 then
BP2 = 81.25
elsif BP2 < 25 then
BP2 = 18.75
endif

//BP3
if BP3 > 75 then
BP3 = 81.25
elsif BP3 < 25 then
BP3 = 18.75
endif

//BP4
if BP4 > 75 then
BP4 = 81.25
elsif BP4 < 25 then
BP4 = 18.75
endif

//--------------------Commandes Des Signaux Haussier

//BP1
if BP1 > 75 then
signal1 = 1
else
Signal1 = 0
endif
if signal1 = 1 then
drawrectangle(barindex[1],75,barindex,62.5)coloured(32,162,236)
endif

//BP2
if BP2 > 75 then
signal2 = 1
else
Signal2 = 0
endif
if signal2 = 1 then
drawrectangle(barindex[1],62.5,barindex,50)coloured(32,162,236)
endif

//BP3
if BP3 > 75 then
signal3 = 1
else
Signal3 = 0
endif
if signal3 = 1 then
drawrectangle(barindex[1],50,barindex,37.5)coloured(32,162,236)
endif

//Signal UP 200
if BP3 > 75 then
signal4 = 1
else
Signal4 = 0
endif
if signal4 = 1 then
drawrectangle(barindex[1],37.5,barindex,25)coloured(32,162,236)
endif

//Signal Trend
if BP1 > 75 and BP2 > 75 and BP3 > 75 and BP4 > 75 then
signal5 = 1
else
signal5 = 0
endif
if signal5 = 1 then
drawrectangle(barindex[1],75,barindex,87.5)coloured(27,124,22)
endif

//--------------------Commandes Des Signaux Baissier

//BP1
if BP1 < 25 then
signal6 = 1
else
Signal6 = 0
endif
if signal6 = 1 then
drawrectangle(barindex[1],75,barindex,62.5)coloured(132,132,132)
endif

//BP2
if BP2 < 25 then
signal7 = 1
else
Signal7 = 0
endif
if signal7 = 1 then
drawrectangle(barindex[1],62.5,barindex,50)coloured(132,132,132)
endif

//BP3
if BP3 < 25 then
signal8 = 1
else
Signal8 = 0
endif
if signal8 = 1 then
drawrectangle(barindex[1],50,barindex,37.5)coloured(132,132,132)
endif

//BP4
if BP4 < 25 then
signal9 = 1
else
Signal9 = 0
endif
if signal9 = 1 then
drawrectangle(barindex[1],37.5,barindex,25)coloured(132,132,132)
endif

//Signal Trend
if BP1 < 25 and BP2 < 25 and BP3 < 25 and BP4 < 25 then
signal10 = 1
else
signal10 = 0
endif
if signal10 = 1 then
drawrectangle(barindex[1],25,barindex,12.5)coloured(191,42,42)
endif

return 25coloured(73,73,73,100) as "25",12.5coloured(73,73,73,100) as "12.5",75coloured(73,73,73,100) as "75",87.5coloured(73,73,73,100) as "87.5",BP1 coloured(4,24,191,180) style (point,2) as "BP1",BP2 coloured(4,24,191,180) style(point,2) as "BP2",BP3 coloured(4,24,191,180) style(point,2) as "BP3",BP4 coloured(4,24,191,180) style(point,2) as "BP4"

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//--------------------Paramettre de Base

//Paramettre de Cadrage

if close > open then

signalC = 1

else

signalC = 0

endif

if signalC = 1 then

drawcandle(75,75,75,75)coloured(0,0,0,0)

endif

if signalC = 0 then

drawcandle(25,25,25,25)coloured(0,0,0,0)

endif

//Indicateur

s = 2

t = 1

prix = customclose

gd2X = average[50,t](prix)

sdX = s*STD[50](prix)

bollsupX = gd2X + sdX

bollinfX = gd2X - sdX

BP1 = 100*(close - bollinfX)/ ( BOLLSUPX -BOLLINFX)

gd2XX = average[100,t](prix)

sdXX = s*STD[100](prix)

bollsupXX = gd2XX + sdXX

bollinfXX = gd2XX - sdXX

BP2 = 100*(close - bollinfXX)/ ( BOLLSUPXX -BOLLINFXX)

gd2XXX = average[150,t](prix)

sdXXX = s*STD[150](prix)

bollsupXXX = gd2XXX + sdXXX

bollinfXXX = gd2XXX - sdXXX

BP3 = 100*(close - bollinfXXX)/ ( BOLLSUPXXX -BOLLINFXXX)

gd2XXXX = average[200,t](prix)

sdXXXX = s*STD[200](prix)

bollsupXXXX = gd2XXXX + sdXXXX

bollinfXXXX = gd2XXXX - sdXXXX

BP4 = 100*(close - bollinfXXXX)/ ( BOLLSUPXXXX -BOLLINFXXXX)

//--------------------Visuel BP

//BP1

if BP1 > 75 then

BP1 = 81.25

elsif BP1 < 25 then

BP1 = 18.75

endif

//BP2

if BP2 > 75 then

BP2 = 81.25

elsif BP2 < 25 then

BP2 = 18.75

endif

//BP3

if BP3 > 75 then

BP3 = 81.25

elsif BP3 < 25 then

BP3 = 18.75

endif

//BP4

if BP4 > 75 then

BP4 = 81.25

elsif BP4 < 25 then

BP4 = 18.75

endif

//--------------------Commandes Des Signaux Haussier

//BP1

if BP1 > 75 then

signal1 = 1

else

Signal1 = 0

endif

if signal1 = 1 then

drawrectangle(barindex[1],75,barindex,62.5)coloured(32,162,236)

endif

//BP2

if BP2 > 75 then

signal2 = 1

else

Signal2 = 0

endif

if signal2 = 1 then

drawrectangle(barindex[1],62.5,barindex,50)coloured(32,162,236)

endif

//BP3

if BP3 > 75 then

signal3 = 1

else

Signal3 = 0

endif

if signal3 = 1 then

drawrectangle(barindex[1],50,barindex,37.5)coloured(32,162,236)

endif

//Signal UP 200

if BP3 > 75 then

signal4 = 1

else

Signal4 = 0

endif

if signal4 = 1 then

drawrectangle(barindex[1],37.5,barindex,25)coloured(32,162,236)

endif

//Signal Trend

if BP1 > 75 and BP2 > 75 and BP3 > 75 and BP4 > 75 then

signal5 = 1

else

signal5 = 0

endif

if signal5 = 1 then

drawrectangle(barindex[1],75,barindex,87.5)coloured(27,124,22)

endif

//--------------------Commandes Des Signaux Baissier

//BP1

if BP1 < 25 then

signal6 = 1

else

Signal6 = 0

endif

if signal6 = 1 then

drawrectangle(barindex[1],75,barindex,62.5)coloured(132,132,132)

endif

//BP2

if BP2 < 25 then

signal7 = 1

else

Signal7 = 0

endif

if signal7 = 1 then

drawrectangle(barindex[1],62.5,barindex,50)coloured(132,132,132)

endif

//BP3

if BP3 < 25 then

signal8 = 1

else

Signal8 = 0

endif

if signal8 = 1 then

drawrectangle(barindex[1],50,barindex,37.5)coloured(132,132,132)

endif

//BP4

if BP4 < 25 then

signal9 = 1

else

Signal9 = 0

endif

if signal9 = 1 then

drawrectangle(barindex[1],37.5,barindex,25)coloured(132,132,132)

endif

//Signal Trend

if BP1 < 25 and BP2 < 25 and BP3 < 25 and BP4 < 25 then

signal10 = 1

else

signal10 = 0

endif

if signal10 = 1 then

drawrectangle(barindex[1],25,barindex,12.5)coloured(191,42,42)

endif

return 25coloured(73,73,73,100) as "25",12.5coloured(73,73,73,100) as "12.5",75coloured(73,73,73,100) as "75",87.5coloured(73,73,73,100) as "87.5",BP1 coloured(4,24,191,180) style (point,2) as "BP1",BP2 coloured(4,24,191,180) style(point,2) as "BP2",BP3 coloured(4,24,191,180) style(point,2) as "BP3",BP4 coloured(4,24,191,180) style(point,2) as "BP4"

bollinger trend following

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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Dunstan • 07/01/2020 #
I would like to get guidance_ How do I access and attach this indicator to my MT5 platform…
- Nicolas • 07/01/2020 #
  You can’t, use prorealtime, it’s way better

jc84 • 07/01/2020 #
Thank you very much for this indicator , not provided by PRT
I was actually working at this realisation when i saw your presentation !!!

As you said the Bollinger %B is one og the best indicator for Buy/Sale , providing a good help with Bollinger

DarioMazza Hi Vonasi, i have a question for you, the comand "pricetype" where did you found it in the ...

Vonasi PriceType is just a variable that I use. The value decides what type of price is used in the...

Vonasi I noticed a couple of typo errors in the code. The list of variables lines 4 to 11 should be...

LancerX This catch my attention, tried to load in pro order but not coming through. What variables n...

macdopa Hello ALE. Is there any way to help us develop or program an algo-strategy for automatic tr...

Giuseppe68 Ciao, sono nuovo e poco esperto, volevo chiedere perchè il ProBacktest lo esegue correttamen...

swapping Oups nicolas ! je pense que tu a oublié de mettre les variables "setting" accessible en exte...

Nicolas Je viens de vérifier, elles y sont pourtant?

swapping Mea culpa, j'ai fait un bête (copier/coller) et forcément cela ne pouvait pas y être puisqu'...

WarningTrading Comment peut on la comparer ? comme ceci ? cela ne me donne plus le message d'erreur manque...

sally31120 Bonjour, je n'arrive pas à créer ce screener close > supertrend extended2[1] la réponse...

Nicolas voir ce sujet pour un screener basé sur Supertrend Extended: https://www.prorealcode.com/top...

Nicolas https://www.prorealcode.com/topic/ayuda-screener-indicador-perfect-trend-line/#post-51291

Manu L. Bonjour Nicolas, suite a une de mes precedentes demande dans le forum indicateur, j'ai touv...

AntoGH C'est selon moi le meilleur indicateur, que j'ai vu, si vous trouvez mieux dîtes moi car dif...

Lydia1948 Hi I really like this indicator - is it easy to change the colour of the blue dots to say g...

Nicolas Lines 23 and 24 are the Red and Blue value between 0 to 255, you can change the color of the...

Lydia1948 Thanks

rafadonl2 is not taken into account in the procedure. It considers only if it is a doji or when candle...

Guibourse Okay thanks, just a question : how do you plot your two lines in the same window as price ? ...

rafadonl2 sorry, I don't understand your question. Indicator draws Heikin Ashi candle, not price cand...

flodefacebook Merci Nicolas pour cet indicateur. Très utile dans une technique de retournement.

HeikinAshi thank you for this very interesting indicator Nicolas! did you define a tradable setup fo...

Nicolas Your PRT version is inferior to 10.3? So the code in its default state is not compatible. A ...

Mbulelo Hi Nicolas Hope all is well your side, do you have a specific strategy for the MFT Swing ...

Nicolas No I don't, try to make it on your own, or ask in forums (follow the posting rules please).

JanWd Hi Francesco, nice algorithme, works with me on other markets as well !

Francesco78 thank you Janwd. Do you mind sharing where it works? happy new year!

Aaron Bennett Nice analysis, with the proposed tweak I'm seeing great performance since 2008/QE on the CAC...

JR1976 Dear Mike , your screener seem interest and simple... Do you try to envelope an automat...

Player Hi Mike, What is the name of the indicator just under the MMA ? Thanks Regards Marc

Igor Hi Mike, What is the name of the indicator just under the MMA ? Thanks Regards

Bougnat bonjour, ton screener semble intéressant .... merci pour le partage

guytrc Hi Nicolas - many thanks for your screener. One question if I may - how does condition 5 wor...

Nicolas In the last 20 periods, the SMA 10 periods was above the SMA 20 periods.

stratobast Good afternoon everyone. Thanks Doctrading for your work. I have an issue while using this ...

stratobast My bad guys. I understood what was the problem. The indicator uses highs and lows for the Re...

samwarduk Has anyone tried this on Bitcoin GBP1? The results look amazing but every time mine trie...

redz bonjour, comment changer les paramettre de la BB en 20 , 2.2 ? hello, how to change BB sett...

Realtime82 Hi I was wondering if it would be possible to get an alert (by sound) when the signals shows...

besserwerden Hi, i like this bollinger moz arrwos. How can I use this indicator in an screener? I want to...

juanj To follow new developments or get the latest version of this strategy please visit the forum...

tahar Hello Juan, I wanted to test Universal Strategy via a demo account on PRT but nothing happen...

BravoDelta @juanj wondering if you may help me please. I am looking for a simply strategy to use on the...

Doctrading AH ok, I think the ca3 is the same : ca3 = pB[1] < 0.2 and pB < 0.2 Best regards,

chromosome21 Hello everybody, First, thank you so much for all your advices, I'm a begginer in trading a...

bertrandpinoy bonjour j ai un probleme avec ce code modifié, apparement PRT ne veut pas...avez vous une so...

Kris75 Hi Gabri I launched a very simple strategy based on the 3 bars trailing stop that you cre...

TimDeCat Hi. Has anyone coded a version that you could alter it to say 5 bar trailing stop? ie make ...

Nicolas Please open a new topic in forums so we can code it there, thanks.

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