Bollinger Bands type indicators for MT4

lukgoku wrote: Sat May 16, 2026 9:33 pm Hi Kvak, have you released a version for MT5?
It’s really interesting indicator, but I only use MT5 now…

Thanks

Hello, sorry for delay, I dont forget, only have not much time for MT5.
BTW, here is MT5 version for test.

Donchian channel with Gaussian and Pareto distributions
A shift parameter has been added to shift the distribution boundaries to the right, because for the Donchian channel they are most often out of reach for the price. Initially, there was an idea to shift to the right to the depth of the period, but maybe people who are more advanced in mathematics than I will find other values

Bollinger with Gaussian and Pareto distribution. Shift zero

Intrest 1 wrote: Thu Jun 11, 2026 10:42 pm Bollinger with Gaussian and Pareto distribution. Shift zero

Bollnger with Gaussian Pareto is very nicely done. Interesting indicator especially setting Shift to 0

here is another channel indicator zigzag channel with midline and channel shift.

kvak wrote: Mon Nov 04, 2024 4:23 am Donchian Channel Ribbon (Heatmap) Histogram for MT4

Request to transfer to MT4
Trend histogram ( lowest line ) have two mode on first signals or all signals....

How does it work?

The Donchian Trend Ribbon Heatmap utilizes Donchian Channels to create a trend overview histogram. When zoomed out, it can be used as a heatmap.

• It determines the main trend direction based on a length that you can set yourself, allowing for customization.
• Next, it assesses the trend direction for each of the 9 shorter lengths. For example, if you set the length to 20, the shorter lengths will be 19, 18, down to 11.
• It then checks if the trend directions from these shorter lengths match the main trend direction.
• Based on this, it alters the color of the trend ribbon.

Caution: Entry points might also indicate a trend reversal, so it's important to use a stop-loss line if you choose to enter buy or sell positions.

Dear kvak bro,
is it possible?
Instead of hardcoding one moving average calculation, allow the user to choose the MA type from all available averages, and have every MA in the indicator use the selected type.

ujtrader wrote: Wed Jul 08, 2026 10:31 am Dear kvak bro,
is it possible?
Instead of hardcoding one moving average calculation, allow the user to choose the MA type from all available averages, and have every MA in the indicator use the selected type.

Hello. Yes, it is possible.
Here is simple version, only with one menu for MA tyme and lambda/speed parameters.
You want for all 10 periods separate this menus???
PS, I am added full pack, dont have separate pack for this type of indicators, and some averages ( non-periodical like vwaps and ratios averages or types there is hardcoded prices like kijun or halftrend ( in this case you may use variations of this averages like kijun op ... etc) are not good in this calculations and working like price cross. Example On last picture is kijun.

kvak wrote: Thu Jul 09, 2026 6:34 am Hello. Yes, it is possible.
Here is simple version, only with one menu for MA tyme and lambda/speed parameters.
You want for all 10 periods separate this menus???
PS, I am added full pack, dont have separate pack for this type of indicators, and some averages ( non-periodical like vwaps and ratios averages or types there is hardcoded prices like kijun or halftrend ( in this case you may use variations of this averages like kijun op ... etc) are not good in this calculations and working like price cross. Example On last picture is kijun.

Respected kvak,

The output of this new uploaded indicator : donchian trend(+ ribbon) eAverages --- is different from your earlier indicator : donchian trend(+ ribbon).

Attached is chart pic, template for your reference.

Thanks for your Time, efforts, support.
Thanks a Lot.

thomdel wrote: Thu Jul 09, 2026 3:07 pm Respected kvak,

The output of this new uploaded indicator : donchian trend(+ ribbon) eAverages --- is different from your earlier indicator : donchian trend(+ ribbon).

Attached is chart pic, template for your reference.

Thanks for your Time, efforts, support.
Thanks a Lot.

Sorry, dont understand....what you compared? In first version it is not used any ma?

kvak wrote: Thu Jul 09, 2026 4:17 pm Sorry, dont understand....what you compared? In first version it is not used any ma?

Respected kvak,

Sorry, I thought in the 1st plot : i.e. earlier old indicator - I thought that it used hardcoded EMA.


Thanks.