Oscillator DBB displays as two lines the chart of the price distance from the lines of indicator Bollinger Bands.
Two display options are possible:
The indicator has four configured parameters:
Fig 1. Displaying in percents
Fig. 2. Displaying in price points
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21035
A trading strategy based on indicators iBands (Bollinger Bands, BB) and iRSI (Relative Strength Index, RSI).ColorX2MA_x2_cloud_HTF
Two indicators ColorX2MA from different timeframes, the area between lines being filled with a cloud, the color of which corresponds with the trend direction on the market