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Published:

2018.07.09 12:53

DBB.mq5 (11.06 KB) view

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Oscillator DBB displays as two lines the chart of the price distance from the lines of indicator Bollinger Bands.

Two display options are possible:

In percents;
In price points.

The indicator has four configured parameters:

BB Period - Bollinger Bands calculation period;
BB Deviation - Bollinger Bands deviation;
Applied price - the calculation price;
Display mode - display mode:
- Percentage - in percents;
- Price points - in price points.

Fig 1. Displaying in percents

Fig. 2. Displaying in price points

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21035

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DBB - indicator for MetaTrader 5