@jeffcp66, this is getting close. My last patient did not show up so have a few minutes to try the code.
Thinkscript below for the BBMACD. Change bb length to 5 and num dev to 0.5. other settings stay 12,26,5
plot Data = close;
declare lower;
input price = close;
input BBlength = 10;
input BBNum_Dev = 1.0;
input MACDfastLength = 12;
input MACDslowLength = 26;
input MACDLength = 5;
def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);
plot MACD_Dots = MACD_Data;
plot MACD_Line = MACD_Data;
plot BB_Upper = reference BollingerBands(price = MACD_Line, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).UpperBand;
plot BB_Lower = reference BollingerBands(price = MACD_Line, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).Lowerband;
plot BB_Midline = reference BollingerBands(price = MACD_Line, length = BBlength, Num_Dev_Dn = -BBNum_Dev, Num_Dev_Up = BBNum_Dev).MidLine;
BB_Upper.SetDefaultColor(Color.GRAY);
BB_Lower.SetDefaultColor(Color.GRAY);
BB_Midline.SetDefaultColor(Color.GRAY);
BB_Midline.SetStyle(Curve.SHORT_DASH);
MACD_Line.SetDefaultColor(Color.WHITE);
MACD_Dots.SetStyle(Curve.POINTS);
MACD_Dots.SetLineWeight(2);
MACD_Dots.AssignValueColor(if MACD_Line > MACD_Line[1] then Color.GREEN else Color.RED);
plot zero = 0;
zero.AssignValueColor(if MACD_Line < 0 then Color.RED else Color.GREEN);
zero.SetLineWeight(2);
The way I would trade it is to ignore the colors, take the direction when the avg line moves outside the bb wave. These settings are almost identical to the paid product.
I looked at the code for the indicator, it is all encrypted.
Options Bistro 