Here's my version of the MACD _BB . This is a great indicator to capture short term trends.
yellow candles = long aqua candles = short
This indicator can be much better. I will work on it and publish an improved version (hopefully) soon. In the mean time , go ahead and play around with the code, and please share your findings :)
What is the difference between the aqua bars with a red boarder and those without - does it signal weak (red boarder) and strong (no boarder)?
secretsanta007
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@Cryptocontinuum, to simplify you look at the yellow and aqua bars to go long or short. If you see a colored box around the yellow and aqua bars it is showing what the color of the candle was (red or green day for example).
risingsun.arun
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Thank you for developing a very powerful indicator super, Im using on 5 min time frame for day trading..
Any tricks to improve accuracy for entry and exit ?
TASAVANT
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Great indicator in this market Looking forward to V2 ...I use 5 35 5 setting and scalp aggressively
ramvardhan
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@TASAVANT, Hi bro, which combination of indicators of are you using?
pereira.alex
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Hi, modded this indicator a little : added barcolor input ( enable/disable). Thanks ! Source code below:
//AK MACD BB //created by Algokid , February 24,2015 //modded by Alexandre Pereira, July 6, 2016 color_red_light = #e57373 color_red = #f44336 color_red_dark = #d32f2f