PZ Bollinger Trend

4.18

A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | 👉 Get Help ]

  • Easy to trade
  • Customizable colors and sizes
  • It is non-repainting and non-backpainting
  • It is fantastic as a trailing stop method
  • It implements alerts of all kinds


Settings

When loading the indicator to any chart, you will be presented with a set of options as input parameters. Do not despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  • Period - MA period of Bollinger bands.
  • Deviation - standard deviation for Bollinger bands.
  • Max History Bars - past bars to draw when the indicator loads.
  • Drawing Settings - colors and sizes for arrow objects.
  • Alerts - enable/disable alerts of all kinds, or set a custom alert text.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

    Reviews 17
    Sakdinan Suttiwara
    18
    Sakdinan Suttiwara 2023.01.05 11:04 

    very good!

    Daniel Santoso
    98
    Daniel Santoso 2022.08.17 08:22 

    good

    peerasak rujiraravanichthep
    28
    peerasak rujiraravanichthep 2022.05.27 16:22 

    Can I use this indicator on Android mobile and tablet and to install

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    Filter:
    Solomon Mbir
    145
    Solomon Mbir 2024.08.19 22:34 

    User didn't leave any comment to the rating

    saeidmoallemi
    24
    saeidmoallemi 2023.06.16 19:41 

    can not use the baffer

    bakulesh
    49
    bakulesh 2023.01.22 11:21 

    yes can help trading

    Sakdinan Suttiwara
    18
    Sakdinan Suttiwara 2023.01.05 11:04 

    very good!

    Daniel Santoso
    98
    Daniel Santoso 2022.08.17 08:22 

    good

    John Winsome Munar
    3471
    John Winsome Munar 2022.06.14 09:33 

    User didn't leave any comment to the rating

    peerasak rujiraravanichthep
    28
    peerasak rujiraravanichthep 2022.05.27 16:22 

    Can I use this indicator on Android mobile and tablet and to install

    Hassem Racaza
    71
    Hassem Racaza 2022.02.03 07:05 

    User didn't leave any comment to the rating

    Satyam Shivam
    31839
    Satyam Shivam 2021.11.18 05:36 

    Useful for Short Trend

    Tran Cong Minh Duc
    242
    Tran Cong Minh Duc 2021.11.16 17:48 

    Good for who follow the short trend

    EllyMaus
    374
    EllyMaus 2021.11.01 13:27 

    User didn't leave any comment to the rating

    Senzo Mbatha
    171
    Senzo Mbatha 2021.08.20 22:04 

    Working good so far

    Dominik Mogus
    951
    Dominik Mogus 2021.07.15 15:18 

    After downloaded the indicator, all i can say that this is THE BEST indicator in the Market!

    vista_vz
    41
    vista_vz 2021.04.27 03:54 

    thank you sir...it is a very good indicator...can you please make a mt5 version of this beautiful indicator??

    adnanadnan
    824
    adnanadnan 2021.04.10 14:46 

    50 50%

    Zachary David Cox
    923
    Zachary David Cox 2020.12.21 20:11 

    User didn't leave any comment to the rating

    sunnychow
    9083
    sunnychow 2019.12.29 17:14 

    User didn't leave any comment to the rating

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