Flexible Moving Averages and Deviation in Bollinger and MACD Functions

Summary

This document describes two extended indicator functions intended to expand the calculation choices available to trading programs such as expert advisers. The Bollinger Bands extension accepts a fractional deviation value and supports moving-average types beyond the simple moving average used by the standard function. This allows the band calculation to be configured with more precision and a different average basis.

The MACD extension allows the user to select moving-average types for both the main MACD calculation and its signal line. The document contrasts this flexibility with the described standard setup, where the MACD uses exponential moving averages and the signal line uses a simple moving average. It points to examples in an attached file, but does not explain parameter selection, present trading rules, or report tests or performance outcomes. The material is about indicator implementation options, not evidence that any configuration is more profitable.

Key ideas

• The Bollinger Bands extension supports fractional deviation values.
• The extended bands function allows moving-average choices beyond the standard simple average.
• The MACD extension lets users choose averaging methods for both the main line and signal line.
• No trading strategy or comparative performance evidence is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.