BB_MACD Resurrection

[giailang]

When do google for BB_MACD, I found the oldest version is Adoleh2000's indicator, since 2005. Further searching shows that beyond the default parameters of Adoleh2000(12,26,10,2.5), the common use is the set of (38,120,20,1.1). I did some raw tests, and the better result is for H4 up, (38,120,20,1.1), of which, best entry is when the signal reset state and reverts, within 2 candles. Later entry may suffer floating drawdown, some time really big. Chartist can easily confirm this without perform any test, as shown in the attached image. In the next post, I'll try to turn this indicator to signal detector, as my respect to the coder of the old indicator.