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Published:

2018.12.28 12:52

Updated:

2019.01.17 12:15

Standard_Deviation_Channels_x3.mq5 (19.76 KB) view

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Real author: Stajer59

Three standard deviation channels using indicator buffers based on the number of bars defined in the indicator inputs.

//+--------------------------------------------+
//|  INDICATOR INPUT PARAMETERS                |
//+--------------------------------------------+
input uint N_=240;        // number of candles for analysis
input double StdDev1=1.0; // first channel deviation
input double StdDev2=1.5; // second channel deviation
input double StdDev3=2.0; // third channel deviation
input int Shift=0;        // horizontal shift of the indicator in bars
input int PriceShift=0;   // vertical shift of the indicator in points

Fig1. Indicator Standard_Deviation_Channels_x3

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22893

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Standard_Deviation_Channels_x3 - indicator for MetaTrader 5