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- Published:
- 2019.02.07 09:02
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Displaying the latest closed values of indicator Bollinger Bands® with colored rectangles and background filling
//+----------------------------------------------+ //| Indicator input parameters | //+----------------------------------------------+ input string SirName="BollingerBands_Box"; //Object name input ENUM_TIMEFRAMES Timeframe=PERIOD_D1; //Indicator timeframe for calculating the indicator input uint NumberofBar=1; //Bar number to calculate the indicator input uint BBPeriod=20; //Midline calculation period input double StdDeviation=2.0001; //Number of deviations input ENUM_APPLIED_PRICE applied_price=PRICE_CLOSE;//Price type input int Shift=0; //Horizontal shift of indicator in bars input bool ShowPrice=true; //show price labels input color Upper_color=clrLimeGreen; //Upper price label color input color Middle_color=clrSlateGray; //Middle price label color input color Lower_color=clrRed; //Lower price label color input uint BarsTotal=30; //number of bars of rectangles input uint RightTail=5; //shifting the rectangles beyond the zeroth bar to the right in the current chart bars input color Color_Res=C'157,255,255'; //Color of the upper box input color Color_Sup=C'255,176,255'; //Color of the lower box //+----------------------------------------------+
Fig. 1. Indicator BollingerBands_Box
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23582

The EA uses two indicators iMA (Moving Average, MA), Fast and Slow, and one indicator iBands (Bollinger Bands, BB).

Signal (Alert) at crossing horizontal line by the price