1 (edited by mjames 2015-10-30 18:28:22)

Topic: I need Bar Range Bands indicator

Can someone share this indicator if you own it ?
Thanks a lot
http://s13.postimg.org/9trkmthsz/360_48933317.jpg

Re: I need Bar Range Bands indicator

Perhaps do a search on the internet for the indicator.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: I need Bar Range Bands indicator

I looks like a Donchian Channel with a period of 1.

http://s28.postimg.org/gj5ltca2h/screenshot_1254.jpg

Re: I need Bar Range Bands indicator

Envelopes with period of 1.

http://s28.postimg.org/lj321afp5/screenshot_1255.jpg

Re: I need Bar Range Bands indicator

I have searched on the net,but can't find out it.
can someone help?

Thank you Popov.But it's not Donchian Channel or Envelopes.

Re: I need Bar Range Bands indicator

All technical indicators correlate each other.

There is a very simple reason for that: all indicators in the world use a single source of information - the historical bar data.

2011-10-25    00:00    1.22439    1.22525    1.22426    1.22505    1158
2011-10-25    00:15    1.22507    1.22528    1.22495    1.22501    727
2011-10-25    00:30    1.22503    1.22583    1.22503    1.22518    719
2011-10-25    00:45    1.22519    1.22571    1.22498    1.22530    775
2011-10-25    01:00    1.22531    1.22558    1.22493    1.22505    994

There only 6 values there: Bar open time, Open price, High price, Low price, Close price, Number of ticks.

So, no mater how you aggregate, bend or twist this info it is the same for all.
And even more. 99% of the indicators use only one or two of these values.

My point is that if it will take you 1 hour to search or study a particular indicator, it is better to spend you time on learning the principles of the TA because no indicator is better than the others.

Re: I need Bar Range Bands indicator

5 years ago we had that indi but it was flawed. It did quite a rounds in other forums because of straight line performance but those did not materialize in live trading. As far as I remember the indi was removed from the forum, and even if you find it somewhere on other forums, it will be in the older format, meaning Pro will not work with it.

Re: I need Bar Range Bands indicator

You are right ,Popov.Thanks!

Re: I need Bar Range Bands indicator

Maybe you are right,footon.I do get a strategy on the internet which looks perfect,but I don't know how it works in  live trading.It contains 2 indi which I can't find in Repository of FSB Pro.They are Bar Range Bands and Finite Volume Element (FVE).

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Re: I need Bar Range Bands indicator

mjames wrote:

Maybe you are right,footon.I do get a strategy on the internet which looks perfect,but I don't know how it works in  live trading.It contains 2 indi which I can't find in Repository of FSB Pro.They are Bar Range Bands and Finite Volume Element (FVE).

One thing is for sure - live trading and after-the-fact backtest will not match. You can take a look at the previous discussion here -> http://forexsb.com/forum/post/5634/#p5634