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MACD BB Lines V3 5 *
Exported using NT Version 7.0.1000.10

This is a fast version of the MACD BB Lines indicator. The MACD settings and the band period, the multiplier for the standard deviation, the dotsize and all colors can be selected.

Different colors can be selected for a rising and falling MACD and for dots outside and inside the Bollinger Bands. The zeroline crosses are indicated by large dots. The zeroline itself can be used as a trend filter.

Paint Bars: The price bars can be painted in the same color as the dots. To allow for differentiating downcloses from upcloses, downcloses are filled while upcloses are hollow bars. The opacity for the upcloses can be selected.

Alerts: Breakouts from the Bollinger Band (violation dots) can be indicated with arrows or sound alerts. A sound alert for zeroline crosses has also been added.

This indicator can also be used on multiseries charts or charts with equidistant bar spacing set to "false".

The default colours are adapted to dark backgrounds. Please change them, if you use the MACDBBLines on a lighter background.

The sound files are included with the zip file. You have to unzip them manually and copy them to the NinjaTrader sounds directory.

Update April 5, 2011: You can now select different colors for
- rising MACD below upper Bollinger Band
- rising MACD above upper Bollinger Band (trending)
- falling MACD above lower Bollinger Band
- falling MACD below lower Bollinger Band (trending)
Update July 17, 2011: Indicator simplified.
Update September 6, 2011: Options for customizing plots added.
Update February 8, 2011: Paintbars added.
Update May 17, 2012: Arrows and sound alerts added. Opacity for upclose paint bars is selectable.


Category NinjaTrader 7 Indicators 
 
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Details: MACD BB Lines V3
Category: NinjaTrader 7 Indicators 


May 17th, 2012
Size: 354.34 KB
Downloaded: 8608 times

Keywords: macd macdbb macdbblines
Comments/ratings
5 * Nowshad November 10th, 2010 01:34 PM
Good job!
5 * traderjohn November 15th, 2010 05:50 AM
No Comment
5 * ValLiant November 18th, 2010 05:35 PM
No Comment
5 * soumi71 December 1st, 2010 10:18 PM
No Comment
5 * Private Banker December 29th, 2010 09:49 PM
No Comment
5 * Klausi January 12th, 2011 02:55 AM
One of the best indicators to analyze the situation inside the markets
5 * Jonson January 12th, 2011 08:26 AM
thanks, i like this indicator
5 * cellclinic February 16th, 2011 06:26 AM
how i can download this indicator ?
5 * dee50 February 28th, 2011 02:10 PM
Nice indi. Many thanks. I,ve used squeeze for last 18mnths but this is a nice improvement to the concept
4 * gain247 March 25th, 2011 03:46 PM
Thanks for a great indicator! However, I have trouble finding a way to set MACD dot colors differently outside and inside the Bollinger Band. Now it only allows dot colors whether MACD is up or down. Anyone knows how to do it?

 
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