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BollingerBands_Box - indicator for MetaTrader 5

Nikolay Kositsin | English Русский Español

votes: 11
2019.02.07 09:02

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

Fig. 1. Indicator BollingerBands_Box

Translated from Russian by MetaQuotes Software Corp.
Original code:

Plateau Plateau

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

Horizontal Line Levels Horizontal Line Levels

Signal (Alert) at crossing horizontal line by the price


A colored cloud made of two PEMAs from different timeframes on a single chart.


Three PEMAs from three different timeframes on a single chart