Midpoint Bands

Midpoint Bands is a channel-like indicator that draws two lines on the chart - an upper band and a lower band, pointing out possible reversal levels.


This is one of the indicators used in the Sapphire Strat Maker - EA Builder.


Sapphire Strat Maker - EA Builder: https://www.mql5.com/en/market/product/113907


The bands are simply calculated like this:


Upper Band = (HighestHigh[N-Periods] + LowestHigh[N-Periods])/2 

Lower Band = (LowestLow[N-Periods] + HighestLow[N-Periods])/2

Middle Line = (Upper Band + Lower Band)/2


If you find any bugs, feel free to contact me or leave a comment.



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Sapphire Strat Maker  is an EA builder (Expert Advisor Builder or Strategy Maker) designed to make the creation of trading strategies easier . The goal is to provide the most intuitive, functional and fast environment to test and execute new strategies. Check out the free version here - Sapphire Strat Maker Alt . Also, check out the Emerald EA Builder : an easier to use EA builder, with a few more functionalities (trailing stop, limit orders, etc.). With this Expert Advisor you can create thousa
Emerald EA Builder
Emanuel Cavalcante Amorim Filho
Welcome to Emerald - EA Builder! Emerald - EA Builder is a simple, effective, fast and powerful expert advisor for you to build and automatize your strategies in Metatrader 5 for every single financial instrument (forex, stocks, futures). Blog posts about the EA: FAQ - Frequently Asked Questions  (latest update: jun 25, 2024) Emerald EA Builder - An introduction to a strategy maker If you don't know how to code, this EA simplifies the process and let's you create as many strategies as you wa
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