The BollingerBands© indicator is a derivative from the standard Bollinger Bands. When the indicator displays peaks, you should wait for the reversal.
The formula for calculation of the indicator: BollingerBands [bar]=(close[bar]-UpperBB[bar])/(LowerBB[bar]-UpperBB[bar]).
Fig.1 The BollingerBands© indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1511
The unnormalized oscillator using Fisher TransformQuick ZigZag plus DiNapoli
The "Fast ZigZag" indicator including the drawing of DiNapoli's target levels
The Expert Advisor "catches" changes of the positions (opening, reversal, closing, triggering of Stop Loss and Take Profit) and depending on the configurations triggers the sound file, outputs alert or sends e-mail.Ma_Distance_From_Price
A semaphore signal indicator for the moments when the trend force measured by the deviation of the price from the Moving Average is higher than a fixed limit