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Shows the levels of overbought/oversold based on the indicator Bollinger Bands©, as well as the cross on the average.

Aid supplementary to the indicator Bollinger Bands©, making it more understandable and reinforcing the multiple signals that this indicator provides.


  • BB_Period: Number of bars/periods.


Miguel Angel Vico Alba. IT Engineer and Freelance Trader. CEO at Pathfinder Systems. Developer of Technical Indicators and Expert Advisors for MetaTrader.

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Version 10.90 2017.05.23
Updated and tested for MetaTrader 4 Version: 4.00 Build 1090 (19 May 2017).
Version 2.5 2017.05.18
Updated and tested for MetaTrader 4 Version: 4.00 Build 1080 (12 May 2017).
Update consensus with the rest of my products to version 2.5.
Added new description and link to the comments on the web.
Version 2.0 2017.05.03
Updated and tested (MetaTrader 4.00 Build 1065).
Version 1.3 2017.02.28
Updated and tested (MetaTrader 4.00 Build 1045)
Version 1.2 2017.01.13
Updated to and tested for the build 1031 (MT4).
Version 1.1 2016.07.08
Version 1.1
- Optimized code.
- Added color parameter for pattern label.
- Changed label of description.