MOR Multiple Bollinger Bands

This indicator is based of the well-known Bollinger Bands indicator and provides for an easier operation with BB. It allows drawing up to 3 Bollinger channels and thus simplifies navigation in the list of indicators. Also it allows plotting Bollinger Bands of different timeframes, for example: draw BB on M5 timeframe with parameters: Period = 100, Timeframe = H1.


Inputs Value

  • Mode - choosing different modes of working with the indicator
    • StaticTimeFrame - the indicator draws Bollinger Bands from the specified timeframe
    • NextTimeFrame - the indicator draws Bollinger Bands of the next higher timeframe
  • TimeFrame - choose a timeframe to draw Bollinger Bands if Mode = StaticTimeFrame, otherwise the parameter is ignored
  • Label - show/hide the current period and timeframe of Bollinger Bands, by default it is shown in the upper right corner of the window
  • BandsPeriod - period for drawing Bollinger Bands
  • MainBand_0 - show/hide the main Bollinger Bands line
  • BandsDeviation_1, BandsDeviation_2, BandsDeviation_3 - deviation of BollingerBands, the line is hidden if set to 0.0
  • BandsShift - shift of Bollinger Bands
  • BandsAppliedPrice - price used for calculating and drawing Bollinger Bands
  • Label_X, Label_Y - coordinates of the label showing the current BB period and timeframe

The indicator does not support the drawing of values ​​from the MN1 timeframe. Also, there may not be enough history data, e.g. if you draw Bollinger Bands with parameters: Period = 100, Timeframe = D1 on M1.

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The indicator finds and visualizes price gaps, which often can be used as support and resistance levels. It can display levels from different timeframes on one chart. Inputs Value Label - show/hide the timeframe of constructed levels TimeFrame - select timeframe to draw levels from DrawRangeDay - the length of the level in days DrawRangeHour - the length of the level in hours GapSizeForDrawing - a level will be drawn if gap is equal to or larger than this level in points CountDays - the number
This indicator is designed for plotting the linear regression channel. For convenience, it has multiple operation modes and drawing of data from the selected timeframe. Input parameters Price - the price to be used for calculation and plotting the upper and lower boundaries of the channel PriceHighLow - the value of bar's High and Low PriceOpenClose - the value of bar's Open and Close Mode - indicator operation mode Static - the linear regression channel is always plotted starting from BarStart
This indicator is designed to automatically build support/resistance levels. The indicator calculates the density of the price distribution in the specified time range and creates a table of volumes for each price. Levels are constructed from the minimum to the maximum volumes specified by the user. Some input parameters can be changed using hot keys without opening the settings window. Inputs StartPoint - start bar number Range - length of the level in bars (time range) VolumeMin - minimum vol
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