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CS Bollinger MT4

FREE

Published: 26 March 2025

Current version: 1.21

CS Bollinger MT4

Indicators
MIKHAIL VINOGRADOV
MIKHAIL VINOGRADOV
EA Gelion Developers

Russia

6159
- https://t.me/ea_analytics
I have been programming for 35 years. On MQL5 - 6 years.
Version: 1.21

CS Bollinger is a signal indicator based on Bollinger Bands, designed for the rapid identification of key support and resistance levels with visual trading signals. Thanks to an improved level-switching logic, the indicator automatically adjusts levels on the chart, displaying signal arrows when a price reversal is confirmed. This helps traders quickly identify favorable moments for entering and exiting the market. The indicator offers flexible settings that allow it to be adapted to an individual trading strategy, and is suitable for both beginners and experienced market participants.

Parameter	Default Value	Description
BollingerPeriod	5	Period for calculating Bollinger Bands. Determines the number of bars for the moving average
BollingerDeviation	5	Deviation coefficient for calculating the upper and lower band lines
CheckZeroBar	false	Enables the zero bar check for signal formation
ColorResistance	clrDeepPink	The color of the resistance line, indicating top-down reversal levels
ColorSupport	clrDeepSkyBlue	The color of the support line, indicating bottom-up reversal levels
LineSize	3	Thickness of the support and resistance level lines
ArrowSize	1	Size of the arrows signaling trading reversals
BarsCount	200	Number of bars for the indicator calculation, affecting signal accuracy

CS Bollinger is a powerful tool that combines classical Bollinger Bands analysis with a modern signal system, providing traders with the ability to effectively determine price reversal points on the chart

Version for MT5: https://www.mql5.com/en/market/product/134711?source=Site+Market+My+Products+Page

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Level Assistant is an expert assistant for manually setting support and resistance levels. Traders often form their own levels. If there are many charts of different periods, the level will be multiplied by all charts. When placing a horizontal line on a chart, the Assistant suggests converting this line into a level. At the same time, he himself will determine the color and thickness of the line, depending on the period of the instrument and where it is relative to the price. Mark the level

The spread in trading is the difference between the purchase price and the sale price of a financial instrument on the market. The spread is a commission fee that traders pay brokers for the opportunity to trade. It's no secret that each broker offers its own terms for trading. The size of the spread is important. There are a lot of advisors (especially scalpers) who show different results at different brokers. We have repeatedly encountered this. Therefore, using this utility, find out what s

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Telegram Controls (Telecontrol) — performs communication between the bot Telegram and the terminal MetaTrader 5 . It helps aggregate data from multiple terminals and manage them using a bot in Telegram . The service is convenient for working on multiple MT5 terminals, allowing each terminal to be individually configured for optimal display and perception of information. All terminal data is collected in one Telegram channel, and the settings panel allows quick adjustments and saving of changes i

Telecontrol MT4 is a solution for integrating the MetaTrader 4 terminal with a Telegram channel. The server-based operation simplifies the creation of tokens and identifiers, consolidates data from multiple terminals, and generates valuable information in Telegram. The functionality includes: notifications about trades, orders, and balance changes; monitoring of drawdowns and lot limit exceedances; trade reports and expert advisor analysis; notifications about significant events with color highl

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CS Bollinger is a signal indicator based on Bollinger Bands, designed for the rapid identification of key support and resistance levels with visual trading signals. Thanks to an improved level-switching logic, the indicator automatically adjusts levels on the chart, displaying signal arrows when a price reversal is confirmed. This helps traders quickly identify favorable moments for entering and exiting the market. The indicator offers flexible settings that allow it to be adapted to an individu

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CS Bollinger MT4

MIKHAIL VINOGRADOV