Multi TimeFrames Bollinger Bands Signals

This indicator is based on the Bollinger Bands on one or more timeframes and on any Currency Cross Pair.

The indicator generates an alert message when it detects a buy or sell signal.

It also draws a vertical bar on the price chart: green for buy or red for sell, white if flat.

Alert messages and Vertical bars for BUY or SELL, are generated when the Bollinger Bands is consistent for all chosen timeframes else a FLAT signal is generated.

In addition, the Multi TimeFrames Bollinger Bands Signals indicator measures the "POWER" of the Trend that is highlighted on the middle line of the Bollinger Bands (SMA line) with a number (1, 2, 3,...).

The higher the number, the stronger the Trend.

This is useful for detecting when the trend is becoming strong (so it may be suitable to open an order) and when it is becoming weak (so it may be suitable to close an order).


Features

Easy flexible settings:

  • Detection of the Bollinger Bands signal for one or more timeframes
  • Setting levels of Bollinger Bands

Example

You attach the indicator to a chart with H1, set Active_Bb_for_H1 to "true" and Active_Bb_for_H4 to "true" (standard setting).

The indicator uses the Bollinger Bands standard parameters:

  • Bands Period = 20
  • Bands Shift = 0
  • Bands Deviations = 2.0


Parameters

BB Monitoring Timeframe Activation

  • Active_BB_for_M1 - true/false.
  • Active_BB_for_M5 - true/false.
  • Active_BB_for_M15 - true/false.
  • Active_BB_for_M30 - true/false.
  • Active_BB_for_H1 - true/false.
  • Active_BB_for_H4 - true/false.
  • Active_BB_for_D1 - true/false.
  • Active_BB_for_W1 - true/false.
  • Active_BB_for_MN1 - true/false.


Note

In the Screenshots of examples, the Bollinger Bands oscillator that appears is not the work of "Multi TimeFrames Bollinger Bands Signals".

You can see it if you use the standard MetaTrader 4 oscillator or other free program.

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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and c
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This indicator is based on the Stochastic on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, yellow if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the Stochastic is consistent for all chosen timeframes else a FLAT signal is generated. Features Easy flexible settings: Detection of the Stochastic signal
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This indicator is based on the MACD on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, yellow if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the MACD is consistent for all chosen timeframes else a FLAT signal is generated. Features Easy flexible settings: Detection of the MACD signal for one or more t
Monalisa Stochastic
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Indicators
" MONALISA (acronym of MON itor A nd LIS t A ll) Stochastic" is an indicator based on the Stochastic Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Stochastic Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time. Features Easy flexible settings: Detection of the Stochastic signal for all
Monalisa MACD
Valter Pegoraro
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" MONALISA (acronym of MON itor A nd LIS t A ll) MACD" is an indicator based on the MACD Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the MACD Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time. Features Easy flexible settings: Detection of the MACD signal for all timeframes No setting le
Monalisa Bollinger Bands
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" MONALISA (acronym of MON itor A nd LIS t A ll) Bollinger Bands" is an indicator based on the Bollinger Bands indicator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Bollinger Bands indicator. In addition, this indicator measures the " POWER " of the Trend that is highlighted on the middle line of the Bollinger Bands (SMA line) and in the table of Timeframes wit
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