Market / MetaTrader 5 / Indicators /

BB Trend Flat MT5

FREE

Published: 19 April 2018

Current version: 1.41

BB Trend Flat MT5

4.7

Indicators
Pavel Zamoshnikov
Version: 1.41
Updated: 2 June 2021

The indicator determines trend/flat status of the market using Bollinger Bands.

Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend (green histogram) or a down trend (red histogram).

To make the indicator independent from a timeframe, the indicator uses not an absolute distance between bands but the relative parameter "Flat factor".

The indicator is a complete analogue of the BB Trend Flat indicator for MetaTrader 4

Indicator Parameters

BB Period – period of Bollinger Bands.
BB Deviation – Bollinger Bands deviation.
Flat factor – parameter determining flat. The greater the value, the bigger is the flat zone displayed by the indicator.

Notifications and Alerts:

ON/OFF - Sound when the signal – enable/disable playing a sound signal when an upward or downward movement starts.
ON/OFF - Alert – enable/disable messages in the terminal when signals occur.
ON/OFF - Mail - enable/disable sending emails.
ON/OFF - Push - enable/disable sending push notifications to mobile devices.
Sound file on the closed bar – name of the sound file for the signal

more...

josiel138 ramos 2023.03.17 17:33 #

indicador top top em todos os scalper tive susseso de 75%

204

amin13eko 2023.02.17 06:26 #

Excellent Indicator

Baskoro Danang. 2022.03.14 13:35 #

great work!

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The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge

30 USD

This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA). Features Graphical panel with HMA indicator data from all timeframes at the same time . If the HMA has switched its direction on any timeframe, a question mark or exclamation mark is displayed on the panel, accompanied by a text and audio message. The messages can be configured separately for each timeframe using the corresponding checkboxes. The indicator is located in a separate window, so as not to overloa

30 USD

The indicator determines trend/flat status of the market using Bollinger Bands. Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend

FREE

Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e

30 USD

This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for

FREE

This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hamme

30 USD

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v

30 USD

This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( pa

30 USD

The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the cu

30 USD

A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move

30 USD

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis

30 USD

Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d

FREE

The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates

FREE

The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on the MQL-Market. This method is fast enough, but effective in not all cases. A more reliable (bu

FREE

The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information. To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les

FREE

The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered usin

30 USD

Filter:

josiel138 ramos 2023.03.17 17:33 #

indicador top top em todos os scalper tive susseso de 75%

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amin13eko 2023.02.17 06:26 #

Excellent Indicator

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Reply from developer Pavel Zamoshnikov 2023.02.17 06:30 #

Thank you

Luis_Robson Borges 2022.08.26 21:54 #

Indicador ainda em teste. Pelo pouco que pude perceber, ele é bem assertivo. Somente o alerta tem um pouco de atraso. Não compensando seu uso.

Baskoro Danang. 2022.03.14 13:35 #

great work!

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Reply from developer Pavel Zamoshnikov 2022.03.14 16:19 #

Thank you!

maidenfan 2021.10.30 06:44 #

Great entry indicator!

johnttt 2021.10.28 09:18 #

Excellent indicator.

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Alcimar Martins De Araujo 2021.09.01 02:44 #

Indicador bastante útil no processo de tomada de decisão no trade

steve2010 2021.08.08 22:15 #

Great indicator for finding entries as price breaks out into a trend. I recommend filtering it with a suitable moving average for best results.

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Reply from developer Pavel Zamoshnikov 2021.08.09 05:57 #

Thank you! Take a closer look at the Hull moving average (HMA). It smooths out noise well and has minimal lag.

mukanda George 2021.06.26 16:48 #

BB trend flat MT5 is a good confirmation indicator. It prevent from trading a range market which essentially increases the profitability levels. Thanks alot for the good work.

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Reply from developer Pavel Zamoshnikov 2021.06.26 20:35 #

Thank you for your great review!

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Marcello Campagna 2020.07.17 01:02 #

TOP

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Yury Zaikouski 2019.04.02 14:22 #

User didn't leave any comment to the rating

[Deleted] 2019.01.14 06:09 #

User didn't leave any comment to the rating

Version 1.41 2021.06.02

Recompiled for the updated terminal

Version 1.4 2020.08.10

The BB deviation did not allow using fractional values - fixed.