BB MACD nrp with Alerts (MT4)

BB MACD (nrp) blends Bollinger Bands context with MACD momentum and adds non‑repainting signals on closed bars. You get trend + volatility in one window, plus alerts for crosses, band breaks and normalizations in MetaTrader 4.

What it shows

• MACD line / signal with BB envelope around momentum.
• nrp signals (on closed candles) for crosses, band exits/returns.
• (Optional) histogram/markers to read surges vs. fades faster.

Trade ideas

1. Momentum + volatility: take continuation when MACD crosses up and holds outside the upper BB (mirror for shorts).
2. Mean‑reversion pullback: after a strong push, wait for a return inside the band with MACD hooking back.
3. Regime filter: stand aside when MACD wobbles inside the mid‑band with flat slope.
4. (Optional) Divergence: price prints a new extreme while MACD doesn’t — caution, seek confirmation.

Inputs that matter

• MACD fast/slow/signal — sensitivity of momentum.
• BB period / deviation — volatility envelope.
• Smoothing — steadier lines, fewer whipsaws.
• Alerts — crossovers, band touches/exits/returns.
• Colors/widths — quick visual read.

Suggested usage

• M5–M15: intraday impulses and pullbacks.
• M30–H4: swing continuations after consolidations.
• Daily+: regime filter for portfolios.

Installation (MT4)

1. Open MetaTrader 4 → File → Open Data Folder.
2. Copy bb-macd-nrp-with-alerts.ex4 to MQL4/Indicators.
3. Restart MT4 (or refresh Navigator) and attach BB MACD nrp.
4. Tweak inputs → OK.

FAQ

Does it repaint? No on closed bars (signals are confirmed at candle close).
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals — anything on MT4.

Disclaimer: Test on a demo account first; risk management is essential.