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BB Trend Flat

4.37

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 20
amin13eko
204
amin13eko 2023.02.17 06:36 
 

Excellent Indicator

cid484
94
cid484 2022.05.18 11:20 
 

Super

Helge Christian Holtkamp
1406
Helge Christian Holtkamp 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?

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The Volume by Price Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Highest quality real-time and historical price data distributions. Versatile range selection methods. Drag and drop with time/price option. Unlimited segmentation. Session filtering with built-in presets for New York, London, Tokyo, Sydney and São Paulo. Composites w
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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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Filter:
amin13eko
204
amin13eko 2023.02.17 06:36 
 

Excellent Indicator

Pavel Zamoshnikov
331177
Reply from developer Pavel Zamoshnikov 2023.02.18 18:00
Thank you!
Albuz
14
Albuz 2022.06.19 12:53 
 

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

cid484
94
cid484 2022.05.18 11:20 
 

Super

Helge Christian Holtkamp
1406
Helge Christian Holtkamp 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
331177
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
65
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
331177
Reply from developer Pavel Zamoshnikov 2021.07.17 20:29
Thank you!
nivlem44
189
nivlem44 2021.04.18 11:37 
 

so-so

adnanadnan
838
adnanadnan 2021.04.11 14:36 
 

will rate later

Valentin Butorin
4114
Valentin Butorin 2020.10.18 12:47 
 

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

philippe germain
2606
philippe germain 2019.08.19 17:33 
 

User didn't leave any comment to the rating

sunnychow
8665
sunnychow 2018.12.14 16:55 
 

Thanks for share

Matthew Todorovski
13077
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
5673
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
46843
Eleni Anna Branou 2017.02.11 17:41 
 

User didn't leave any comment to the rating

Maksym Mudrakov
28157
Maksym Mudrakov 2016.08.30 12:09 
 

User didn't leave any comment to the rating

Nesho Marinov
1299
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.