Re: Bollinger Bands Indicators for MT5

4
mrtools wrote: Tue May 17, 2022 2:54 am Added arrows.
Image


When the teacher has free time, please change these two indicators: :thumbup:

1. Change the Candles core thickness to 2, and the Candles body thickness to 4.

2. Add an alarm: clrMagenta, clrAqua, the two color Candles will be alarmed once when they appear.

#property indicator_color1 clrMagenta,C'255,0,0',C'233,0,0',C'188,0,0',C'144,0,0',CLR_NONE,C'0,144,0', C'0,188,0',C'0,233,0',C'0,255,0',clrAqua

3. Try adding ADXVMA to the indicator.

Re: Bollinger Bands Indicators for MT5

5

Mohsen khashei

This is Bollinger Bands %b indicator for MetaTrader 5.

It is all about the relationship between price and the Upper and Lower Bands. There are six basic relationships that can be quantified.

In descending order from the Upper Band:

%B Above 1 = Price is Above the Upper Band;
%B Equal to 1 = Price is at the Upper Band;
%B Above .50 = Price is Above the Middle Line;
%B Below .50 = Price is Below the Middle Line;
%B Equal to 0 = Price is at the Lower Band;
%B Below 0 = Price is Below the Lower Band.
Generally speaking .80 and .20 are also relevant levels:

%B Above .80 = Price is Nearing the Upper Band;
%B Below .20 = Price is Nearing the Lower Band.
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


Re: Bollinger Bands Indicators for MT5

6
The indicator draws (in a separate window) the Bollinger Bands ® relative to the moving average and projection of the price bars.

The drawing looks like a pulse.
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Bollinger Bands Indicators for MT5

7
The indicator plots the Bollinger Bands ®, filled with different colors depending on the trend direction.

If the price crosses the upper bound (upward trend), the Bollinger Bands fills with blue color, if it crosses the lower bound (downward trend), the Bands filled with pink color.

If the price crosses the middle line, it's considered as a flat, and the Bands filled with grey color.
These users thanked the author Jedidiah for the post (total 2):
太虚一毫, thomdel
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Bollinger Bands Indicators for MT5

8
honje19960321 wrote: Thu Jun 23, 2022 4:37 pm The indicator plots the Bollinger Bands ®, filled with different colors depending on the trend direction.

If the price crosses the upper bound (upward trend), the Bollinger Bands fills with blue color, if it crosses the lower bound (downward trend), the Bands filled with pink color.

If the price crosses the middle line, it's considered as a flat, and the Bands filled with grey color.
Image
ibbfill2.mq5


This is the work of Dmitry Fedoseev.

The indicator plots the Bollinger Bands ®, filled with different colors depending on the trend direction.

If the price crosses the upper bound (upward trend), the Bollinger Bands fills with blue color, if it crosses the lower bound (downward trend), the Bands filled with pink color.

If the price crosses the middle line, it's considered as a flat, and the Bands filled with grey color.

Input parameters:

BBPeriod - Bollinger Bands period;
BBDeviation - Bollinger Bands width (in deviations);
BBPrice - Bollinger Bands applied price.






If the midline is changed to ADXVMA , or the midline is changed to Step . is a good indicator!
These users thanked the author 太虚一毫 for the post (total 2):
Jedidiah, mhipolito

Re: Bollinger Bands Indicators for MT5

9
Sergey Pavlov

Bollinger bands at Fibonacci levels - indicator for MetaTrader 5

The indicator uses the standard iBands indicator.

Bollinger Bands are constructed based on extended Fibonacci levels.
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Bollinger Bands Indicators for MT5

10
Kaijun Wang

Bollinger Bands Advanced Edition For 5

Advanced Bollinger Bands:

1. The Bollinger rail will change color with the direction"

2. The expansion and contraction of the Bollinger outer rail will be marked with a color change on the outer rail"
3. The calculation method of Bollinger Middle Orbit can choose any moving average, such as EMA"
4. You can also choose any price application mode for calculation"

Bollinger Band is a very practical technical indicator designed according to the standard deviation principle in statistics. It consists of three orbital lines, of which the upper and lower lines can be regarded as price pressure lines and support lines respectively. Between the two lines is an average price line. Generally, the price line is in the band-shaped interval composed of upper and lower rails. Walk around, and automatically adjust the position of the track as the price changes. When the wave band narrows, fierce price fluctuations may occur immediately; if the high and low points cross the band edge and immediately return to the wave band, a retracement will occur.
These users thanked the author Jedidiah for the post:
ionone
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


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