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Indicators

iBBands_HTF - indicator for MetaTrader 5

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Views:
2614
Rating:
votes: 11
Published:
2012.11.30 11:13
Updated:
2016.11.22 07:32

Bollinger Bands drawn using DRAW_SECTION style is a usual mean to draw ZigZag.

Time Frame on which it is calculated can be set in input parameters. That is why such an unusual style of drawing is used.

Fig.1 Indicator iBBands_HTF

Fig.1 Indicator iBBands_HTF

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1093

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Good old Moving Average drawn using DRAW_SECTION style is a usual mean to draw ZigZag. Time Frame on which it is calculated can be set in input parameters. That is why such an unusual style of drawing is used.