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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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5 (1)
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implemented to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised to be loaded on 5-minute timeframe although multiple timeframe analysis is done in the background. Features ·             Desktop pop up and sound
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