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Published:

2018.03.01 11:35

MA_With_Band.mq5 (12.48 KB) view

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The indicator draws a Moving Average, as well as bullish and bearish areas built using Bollinger Bands calculated based on this Moving Average.

It has five input parameters:

Period of MA calculation - MA calculation period;
Method of MA calculation - MA calculation method;
Applied price of MA - price used for the MA calculation;
Period of BB calculation - Bollinger Bands calculation period;
Deviation of BB - Bollinger Bands deviation.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19878

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MA with Band - indicator for MetaTrader 5