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Date/Time: Tue, 06 Dec 2022 06:28:06 +0000

Post From: Ackin's indicators (SCH users requests for studies) - Update list

[2022-08-10 23:27:34]
Ticks - Posts: 107

You don't need a custom indicator to achieve the MOBO indicator effect.
All you need is to apply the Bollinger Bands band study to your chart.
Enter the settings you want.
Then add the 20 & 50 EMA to your chart.
Then add two Color Bar based on Alert condition studies to your chart. Set the drawstyles to an arrow.
Then simply enter the alert conditions you described in your post.