BB+RSI+MA Combo with Alerts

BB+RSI+MA Combo (Alerts)
A combination of three common indicators (Bollinger Bands, Relative Strength Index, and Moving Average) to determine the prevailing trend in the market: . Used to determine trend:

-  Bar turns RED if price is trending DOWNWARD
-  Bar turns BLUE if price is trending UPWARD

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This indicator was made for a system explained by a member (A-Grace) on the Forex Factory forum. Unfortunately, A-Grace was more interested in pushing a "very profitable" system he had designed by selling it to those more interested in his original system. So, I felt that posting this free indicator on his tread would only encourage his commercial activity, and figured it was better off here.

Anyway, this indicator uses three indicators to determine the overall trend in any market. The first, Bollinger Bands (BB), is used for determine volitility by only using expanding values of the Bollinger Bands. The second, Relative Strength Index (RSI), is used for overall direction of the volitilty presented by BB by the crossing of RSI with the 50 Level mark. And finally with the third, Moving Average (MA), is used to confirm price direction by price being over or under the MA value. 

RSI Crosses RSI

#RSI_Cross

Indicator has a Fast RSI crossing a Slow RSI, and where the crosses occur an arrow and/or alert will display.

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Advanced Accumulation/Distribution (A/D)

Advanced Accumulation/Distribution (A/D)
Displays arrow according to the direction of A/D if price is moving in the opposite direction.

***Use additional indicators/methods to filter potential false signals***
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Rainbow Volume

Rainbow Volume
Displays coloured volume bars to determine the current trend:
- Blue and Green for an upward trend
- Red and Orange for an downward trend
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This indicator was created by Edgar Kraut, and was described in the July 2011 issue of Technical Analysis Of Stocks & Commodities. The results from his testing of this indicator were profitable, but I do believe that other indicators and methods should be used for supporting the Rainbow Volume indicator. I've had good experience applying CCI to this indicator, but I have not tested this fully.

The author also optimized the Rainbow Volume indicator for each year, so he had a range of 5 to 10 periods  from 2002 to 2010. I found it the 10 period setting to be the more the suitable setting.

***Do not trade with this indicator without fully understanding its weaknesses, for all indicators have one***