I am hoping to get some help with this one. I saw a picture of this macdBB indicator that had like a mid band line between the upper and lower bollinger band. Ill post a picture of it. I am hoping if anyone knows how to do it to post it for ninja. Thanks for any potential help you can provide!
TheWizard, thanks for the update, however, i was wondering if it would be possible to paint the middle line between the BB bands Red when price goes down, Green when price goes up or whatever color but by using inputs from another indicator. I know there is some good indicators for painting the bars but in this case it would be cool to paint the dots as well as the middle line accordingly. Is it doable ?
Also, if i compare both the old version and your update i don't see any difference in the dot size. Are you sure you have increased them in the update you posted ? Finally, the dots are not linked as they are in the first post.
Last edited by trendisyourfriend; April 11th, 2010 at 12:56 PM.
The original MACDBBLines indicator painted a larger WHITE dot behind both the blue and red dots, which, I think, made it a little difficult to read. I commented out the code that had to do with painting the white dot. While I was at it, I increased the size (slightly) of the red & blue dots. if you compare MACDBBLinesV2 posted last week & MACDBBLinesV2 (posted 2 days ago), there is no difference. The difference is between my modification and the original one I downloaded from either here, or Ninja's Support section awhile back.
I'll put on my 'to do" list the request to paint the mid-line a user-selectable color when price rises / falls. Can't get to it right away, but for now, from what I've observed, when dot crosses the mid-line, take the trade in that direction. I've tracked it back over several days & it always seems to pan out. A bit late in comparison to the SMI4 / SMI5 combo I've got on my screen, but only by a bar (usually), which is fine, so long as it helps keep you in the trade.
After all, it's what you learn AFTER you know it all, that counts!
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What bollinger band setting do you guys use? I am using think or swim and trying to create the macd bb similar to nexgen or emini academy but it seems like my bollinger bands are very wide and dont follow the macd as closely