New indicator

 

i need to know if some one see this indicator around . it gain 30% monthly profit . just follow its lines and i Explain how it works in charts i know this way from some one in net and he give me the method without indicator

Files:
indicator_1.jpg  69 kb
 

It is a super trend indicator (you can find it here (even a non-repainting version)) : https://www.mql5.com/en/forum/general

And I would not believe the 30% punch line. Since CCI is the basis of super trend, it is not a bad indicator, but whoever claims that it is doing the "30% monthly profit" does not know anything about trading or what kind of a risk is necessary for a monthly 30%

 

i do not mean this indicator but i mean the indicator its have a red lines looks like bolinger bands indicator

 

BBands_stop_V1

Hi all,

I believe this indicator is BBands_Stop_V1 (Bollinger Bands).

Regards.

bbands_stop_v1.mq4

Files:
 

BBands_stop_V2

Hi all ,

With BBands stop V1 ,we can choose for deviation 1,2,3 only (integer).

With V2 it is better :we can choose decimal ,0.5 , 0.66 ,1.32 ................

For example picture with 0.66 deviation .

Regards.

bbands_stop_v2.mq4

Files:
 

yes that is supertrend indicator

 

this indicator using MA....like babusalam

Reason: