The parameters are the same with the Bollinger Bands plus I added smoothing.
BandsPeriod - Period
BandsShift - Shift
BandsDeviations - Deviation from the main line
Slow - Smoothing
The indicator was developed on the basis of the book J. Bollinger. "Bollinger on Bollinger Bands"
The indicator shows the difference between the upper and lower Bollinger Bands.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8451
The drawing of the channel's borders was added to the standard ZigZag by MetaQuotes.The MasterMind 3 (Championship Edition)
Because of the "supposedly" 24k of errors within the journal, this script did not make it into the championship. Maybe next year Folks : ) So far, There are no errors to be found. "The Grid" (A Massive Hedger)is Coming Soon...