Description
BollingerBand Over Stretch indicator (idea from mariocontaforex)
this indicator try to identify reverse signals based on standard deviation of mean. for more filter signals use SMA with periods 200
//idea: mariom
using System;
using cAlgo.API;
using cAlgo.API.Collections;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
namespace cAlgo
{
[Indicator(IsOverlay = true, AutoRescale = false, AccessRights = AccessRights.None)]
public class mBBos : Indicator
{
[Parameter("BB Period", DefaultValue = 20)]
public int inpPeriodBB { get; set; }
[Parameter("BB StdDev", DefaultValue = 1.618)]
public double inpStdDevBB { get; set; }
[Parameter("BB Smooth Type", DefaultValue = MovingAverageType.Simple)]
public MovingAverageType inpSmoothTypeBB { get; set; }
[Parameter("Bar Color", DefaultValue = "Black")]
public Color inpColor { get; set; }
[Parameter("Show Bollinger Components (true)", DefaultValue = true)]
public bool inpShowBollinger { get; set; }
[Output("BB Top", LineColor = "Silver", PlotType = PlotType.DiscontinuousLine, Thickness = 1)]
public IndicatorDataSeries outQMASMABBup { get; set; }
[Output("BB Mid", LineColor = "Silver", PlotType = PlotType.DiscontinuousLine, Thickness = 1)]
public IndicatorDataSeries outQMASMABBmid { get; set; }
[Output("BB Bottom", LineColor = "Silver", PlotType = PlotType.DiscontinuousLine, Thickness = 1)]
public IndicatorDataSeries outQMASMABBdn { get; set; }
private BollingerBands _bbands;
protected override void Initialize()
{
_bbands = Indicators.BollingerBands(Bars.ClosePrices, inpPeriodBB, inpStdDevBB, inpSmoothTypeBB);
}
public override void Calculate(int i)
{
if(Bars.LowPrices[i] < _bbands.Bottom[i] && Bars.ClosePrices[i] > Bars.OpenPrices[i])
Chart.SetBarColor(i, inpColor);
if(Bars.HighPrices[i] > _bbands.Top[i] && Bars.ClosePrices[i] < Bars.OpenPrices[i])
Chart.SetBarColor(i, inpColor);
if(inpShowBollinger)
{
outQMASMABBup[i] = _bbands.Top[i];
outQMASMABBmid[i] = _bbands.Main[i];
outQMASMABBdn[i] = _bbands.Bottom[i];
}
}
}
}
mfejza
Joined on 25.01.2022
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: mBBos.algo
- Rating: 5
- Installs: 841
- Modified: 02/02/2023 19:13
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