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Re: Bollinger Bands type indicators for MT4

mrtools, Tue Mar 07, 2023 9:34 am

Weighted Average & Weighted Deviation Bollinger Bands

From Mladen Rakic: Variation of the Bollinger bands but it uses linear weighted average and weighted deviation

Capture_cb__3.png

Capture__6.png

Recommendations:

  • Use it as any Bollinger type indicator

Please also see the accompanying Weighted Deviation (subwindow) indicator for MT4.

PS: The Mt5 version can be found here .
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