Sunday 19 August 2012

Mix in Volume, Bollinger Bands, and CCI

I've just recently figured out how to program an indicator into another indicator, like CCI with a Moving Average, or RSI with Momentum. In MQL4 they made pre-assigned arrays that can be attached to other indicators, which makes it really easy to mix and match a number of indicators together. I haven't figured out how to make my own array from some Custom indicator, but that will be for another day.

Right now I placed Bollinger Bands on Volume, mixed in the CCI formula, and came up with some pretty good results. Not great, but pretty good. It can estimate the potential tops and bottoms of a ranging currency, but it can give false signals in a trending currency.

Right now I'm just looking for a way to filter the signals some more. As soon as I figure that out I'll post a picture of say indicator.