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BB Trend Flat

4.33

The indicator determines trend/flat status of the market using Bollinger Bands.

Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend (green histogram) or a down trend (red histogram).

To make the indicator independent from a timeframe, the indicator uses not an absolute distance between bands but the relative parameter "Flat factor".

You can use trend change signals in your Expert Advisors. Here is an example of calling the indicator from the Expert Advisor.

Indicator Parameters

  • BB Period – period of Bollinger Bands.
  • BB Deviation – Bollinger Bands deviation.
  • Flat factor – parameter determining flat. The greater the value, the bigger is the flat zone displayed by the indicator.
  • Allow signal on the 0th (unclosed) bar - true/false
  • Arrows of signals in main window - display trend arrows in the main window
  • Arrow size
  • Color of UP-trend signal - Up-trend arrows color
  • Color of DOWN-trend signal - Down-trend arrows color

Notifications and Alerts:

  • ON/OFF - Sound when the signal – enable/disable playing a sound signal when an upward or downward movement starts.
  • File name of sound (signal is already generated on a closed bar) – name of the sound file for the signal.
  • ON/OFF - Alert – enable/disable messages in the terminal when signals occur.
  • ON/OFF - Mail - enable/disable sending emails.
  • ON/OFF - Push - enable/disable sending push notifications to mobile devices.
Reviews 19
cid484
86
cid484 2022.05.18 11:20 
 

Super

MODELKITMT4
87
MODELKITMT4 2021.12.13 23:19 
 

Perfekt for Binarys predicting the next bar right after (possible) Signal ! Do you also Code Binary Indicators? Or could you time this one to make it even more perfect for Binarys? Or could you add a Dashboard to this indicator? What about your opinion according to Binarys additionally to your Double hma indicator?

janus2122
50
janus2122 2021.10.12 05:44 
 

thanks -- a very usefull indicator 5 stars definitely ( don't know how to add the actual stars)

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DESCRIPTION The CHAOS INDICATOR has been developed to be used for the TRADING STRATEGY OF CHAOS, as described in the book. The book is in italian language only and can be obtained only on my website indicated below. DATAS COLLECTED AND SHOWN ON GRAPHS The CHAOS INDICATOR apply easily to any graph and any asset, and it is a TRADING FACILITATOR, as it identify immediately the following items on any graph: - The GP (= RIGHT PRICE) i.e. the price to which the asset should be attracted within 24
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Filter:
Albuz
14
Albuz 2022.06.19 12:53 
 

Рабочий сов. Помогает в работе, но голову никто не отменял.

cid484
86
cid484 2022.05.18 11:20 
 

Super

MODELKITMT4
87
MODELKITMT4 2021.12.13 23:19 
 

Perfekt for Binarys predicting the next bar right after (possible) Signal ! Do you also Code Binary Indicators? Or could you time this one to make it even more perfect for Binarys? Or could you add a Dashboard to this indicator? What about your opinion according to Binarys additionally to your Double hma indicator?

Pavel Zamoshnikov
322615
Reply from developer Pavel Zamoshnikov 2021.12.14 16:51
Thank you for your great feedback! The Dashboard is not planned for a free indicator, otherwise it will have to be paid for.
janus2122
50
janus2122 2021.10.12 05:44 
 

thanks -- a very usefull indicator 5 stars definitely ( don't know how to add the actual stars)

Dennisde
152
Dennisde 2021.07.17 14:42 
 

Great indicator

Pavel Zamoshnikov
322615
Reply from developer Pavel Zamoshnikov 2021.07.17 20:29
Thank you!
nivlem44
129
nivlem44 2021.04.18 11:37 
 

so-so

adnanadnan
838
adnanadnan 2021.04.11 14:36 
 

will rate later

Valentin Butorin
4098
Valentin Butorin 2020.10.18 12:47 
 

Very helpful indicator. But doesn'n work for month timeframe. Anyway thanks for sharing!

philippe germain
2515
philippe germain 2019.08.19 17:33 
 

User didn't leave any comment to the rating

sunnychow
8666
sunnychow 2018.12.14 16:55 
 

Thanks for share

Matthew Todorovski
13076
Matthew Todorovski 2018.06.30 14:25 
 

1 Star (20%) = Bad

2 Star (40%) = Undecided

3 Star (60%) = Acceptable

4 Star (80%) = Good

5 Star (100%) = Excellente!

Tim Eubanks
5663
Tim Eubanks 2018.03.21 02:04 
 

This indicator works well on Renko charts.

Jenny Gay Dimafiles
120
Jenny Gay Dimafiles 2017.12.01 04:10 
 

I love this indicator!

Rodeoman271
24
Rodeoman271 2017.06.01 04:04 
 

Awesome Indicator! Works great on renko charts! Only thing that would make it even better is a push notification alert option.

Gennadiy Voltornist
11922
Gennadiy Voltornist 2017.05.27 20:58 
 

User didn't leave any comment to the rating

Irakly
14
Irakly 2017.05.01 19:59 
 

very useful. thanks.

Juvenille Emperor Limited
36836
Eleni Anna Branou 2017.02.11 17:41 
 

User didn't leave any comment to the rating

Maksym Mudrakov
27484
Maksym Mudrakov 2016.08.30 12:09 
 

User didn't leave any comment to the rating

Nesho Marinov
1287
Nesho Marinov 2015.08.27 20:17 
 

This is extremly useful indicator to avoid choppy market. Great job and thank you for keeping it free.

Reply to review
Version 1.6 2021.06.27
Now the indicator shows data from the current bar. Added a possible signal on the current bar - controlled by the "Allow signal on the 0th (unclosed) bar" parameter
Version 1.5 2020.12.28
- Added buffers with a signal on the 1st bar in this direction. Required for use in Expert Advisors.
See an example of use in the "Comments" tab.
- Added signal arrows in the main window (parameter "Arrows of signals in main window")
Version 1.4 2019.04.12
The "BB Deviation" parameter is now given by a real number and can be fractional
Version 1.3 2017.06.05
Added email alerts and push messages to the indicator.
Version 1.2 2017.04.20
Added audio signals and alerts to the indicator, which are triggered when up/down movements start.