Indicator "MACD Vector Bollinger Bands" (author: Wandering Warrior) explained in a video!
Indicator “MACD Vector Bollinger Bands” (Author: Warrior from Abroad) explained in a video!
With automatic divergence detection! A versatile MACD indicator capable of multi-time-frame analysis
Warrior from Abroadhttps://www.gogojungle.co.jp/users/58820 is mainly engaged in creating original indicators and EA, and is an investor who lives mainly overseas (primarily Europe). He obtains the latest information from overseas traders and uses it to develop indicators and EAs.
The indicator created by such Warrior from Abroad is the “MACD Vector Bollinger Bands.” As an upgraded version of “Abroad MACD,” it includes automatic divergence detection and other improvements and enhancements.
Unlike the MACD included in MT4 by default, this indicator displays using lines rather than a histogram, making crossovers easier to see. Since it also incorporates Bollinger Bands, you can easily determine overbought/oversold conditions and quickly sense market overheating! It also features automatic divergence detection, with adjustable sensitivity through parameter settings. It supports multi-time-frame analysis, enabling more accurate trading decisions!