Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2013.07.17 21:40
Indicators

BBflat_sw - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
3028
Rating:
votes: 24
bbflat_sw.mq5 (8.68 KB)view
\MQL5\Include\

Real author:

Raff

A simple interpretation of the Bollinger Bands indicator in a separate window.

Indicator input parameters:

//+-----------------------------------+
//| Indicator input parameters        |
//+-----------------------------------+
input Smooth_Method XMA_Method=MODE_SMA; // Method of averaging
input int XLength=100;                   // Depth of averaging
input int XPhase=15;                     // Parameter of averaging
input int BandsPeriod=100;               // Period of BB averaging
input double BandsDeviation = 2.0;       // Deviation
input Applied_price_ IPC=PRICE_CLOSE;    // Price constant
input int Shift=0;                       // Horizontal shift of the indicator in bars

This indicator was first implemented in MQL4 and published in Code Base on 07.05.2008.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Figure 1. The BBflat_sw indicator

Figure 1. The BBflat_sw indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1729

Cronex_Impulse_CD_Color Cronex_Impulse_CD_Color

A modification of the MACD histogram.

A WPR Based Trailing Stop Module A WPR Based Trailing Stop Module

A trailing stop module based on the WPR indicator with short and long Stop Loss

RSICandle RSICandle

The RSI indicator implemented as a sequence of candlesticks

FX5_SelfAdjustingRSI FX5_SelfAdjustingRSI

The RSI oscillator with the boundaries of the overbought/oversold areas expressed by Bollinger Bands