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Dual Bermaui Deviation Percent

5

Or DBD%. The indicator consists of colored tape that shows trading signals depending on two Bermaui Deviation Oscillator (BD%) and two moving averages.

Bermaui Deviation Percent is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on Classic Standard Deviation (CSD) that moves between 0 and 100 percent.

Important Information

DBD% expert advisor example:  https://www.mql5.com/en/blogs/post/731145

        If you want to know more about BD% then please read the next bog:  https://www.mql5.com/en/blogs/post/718182


        DBD% consists of two signal tapes, one is fast and the other is slow. A buy signal comes when fast and slow are bullish. A sell signal comes when both fast and slow are bearish.

        DBD% Features

               The combination of two BD% with two different periods could help at catching the different market cycles.

               Using BD% as a trend filter is a great advantage because of BD% work as a filter for low volatility movements in the market.

               Signals appear at the first opening after buy/sell conditions are met.

               Well-designed parameters to help the user easily navigate between them.

               DBD% code is revised to make sure that it will not consume the user's PC memory.

               DBD% arrows do not repaint or recalculate its results.

               DBD% sends emails and push notifications to mobile devices.

               Easily switch between different symbols or time-frames.

               Plot Standard Deviation or Linear Regression Channels to show Overbought and Oversold areas.

               Plot a grid of rounded numbers, which show the most important psychological levels.

               Plot Support and resistance levels that mirror supply and demand on the chart.

              DBD% Parameters Map

              1) INDICATOR SETTINGS

                    Fast DBD% Candles [Min=2]: Default is 20. Minimum is 2.

                    Slow DBD% Candles [Min=3]: Default is 80. Minimum is 3and slow should be bigger than fast at least by one candle.

                    DBD% Sideway Level: Default 40%

                  2) ALERTS & EMAIL SETTINGS

                        Alert on New Arrow: Default is true.

                        Send Email on New Arrow: Default is false.

                        Send Notification on New Arrow: Default is false.


                      3) ARROWS SETTINGS

                           Show Arrows & Lines: Default is Show Arrows Only.

                           Arrows Size: Default is one.


                          4) UTILITIES SETTINGS

                               Symbols Source From: Get symbols from custom symbol list  or from Market Watch.

                               List of symbols (separated by ";"): If you choose symbols from a custom list then separate between symbols by ";".

                               Button Font Size: Default is 10.

                               Chart on Foreground: Default is false.

                               Channel Length [ > 1 ]: Default is 100.

                               Panel Appear [Shift + Letter]: Key to press plus shift if the user wants to hide the panel. Default is " A".

                               Panel Disappear [Shift + Letter]: Key to press plus shift if the user wants to hide the panel. Default is " D".

                               Chart Colors List: Four color lists to choose from. If the user wants to use his own colors then he can choose to (Do Nothing).



                              If you have any questions then please, contact me via a private message or, write them in the comment section.
                              Muhammad Al Bermaui, CMT



                              Reviews 14
                              Hisham Ghoneim
                              296
                              Hisham Ghoneim 2021.09.22 09:39 
                               

                              I already purchase the full set EA + BD% +DBD% as i' satisfied with Elbermawi trading tool and this is not my first time dealing with his great trading tools, it is really helpful for good trading results.

                              Paulina Andrea Madariaga Figueroa
                              4107
                               

                              Very good indicator, I have spent money in another indicators and with Bermaui tools I have everything.

                              digger55
                              237
                              digger55 2020.01.15 18:08 
                               

                              Good and professional tool.

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                              Horus EA for MT4 Thousands of years ago, the ancient Egyptians invented a counting system that they used to measure their lands and weighing their commodities. This system was known as the " Eye of Horus ". The Eye of Horus was associated with the myth of the god Osiris and became one of the sacred symbols of the pharaohs. I used the mathematical equations in the Eye of Horus with the Fibonacci sequence to build a negative progression money management system that is 89% safer than the famous
                              Filter:
                              Hisham Ghoneim
                              296
                              Hisham Ghoneim 2021.09.22 09:39 
                               

                              I already purchase the full set EA + BD% +DBD% as i' satisfied with Elbermawi trading tool and this is not my first time dealing with his great trading tools, it is really helpful for good trading results.

                              Muhammad Elbermawi
                              52223
                              Reply from developer Muhammad Elbermawi 2021.09.22 10:32
                              Thanks a lot for the review and stars. I appreciate it . 🙏💚
                              Paulina Andrea Madariaga Figueroa
                              4107
                               

                              Very good indicator, I have spent money in another indicators and with Bermaui tools I have everything.

                              digger55
                              237
                              digger55 2020.01.15 18:08 
                               

                              Good and professional tool.

                              Eng Yoon Lee
                              1294
                              Eng Yoon Lee 2019.12.19 12:23 
                               

                              this is the best indicator. very robust and safe. i LOVE IT

                              aw1977
                              279
                              aw1977 2019.12.11 01:50 
                               

                              Another high quality product from Muhammad....I think there is none similar to this outside. If you never use Muhammad's product before, try this one. There is full function demo which limited to EU/H1.

                              neongreen
                              466
                              neongreen 2019.10.21 14:47 
                               

                              This is my third indicator that I have bought from Muhammad and like his other indicators they are very useful. His support has been fantastic and fast. Two thumbs up!!

                              muna111
                              544
                              muna111 2019.09.17 04:32 
                               

                              Very help ful indicator and a must tool for trading. Thanks a lot Mohammad for such a great indicator .

                              Roberto Cesar Ruarte Pedraza
                              702
                              Roberto Cesar Ruarte Pedraza 2019.08.20 04:45 
                               

                              really good for scalping

                              Evgeniy Vizhevitov
                              219
                              Evgeniy Vizhevitov 2019.08.10 14:44 
                               

                              As an additional filter to Your strategy it is very good!!!

                              Christof Schoneweg
                              124
                              Christof Schoneweg 2019.05.15 19:57 
                               

                              Sehr gute Idee, starker Indikator!

                              Frank Paetsch
                              6872
                              Frank Paetsch 2019.05.14 18:51 
                               

                              Sehr starker Indikator, vielen Dank!

                              keltonactis
                              1052
                              keltonactis 2019.05.13 01:55 
                               

                              Promissing. Good work!

                              IK°L
                              765
                              IK°L 2019.05.04 22:21 
                               

                              This indicator is a very useful tool, the signals are very precise although in periods of low volatility it is necessary to interpret them if you intend to operate exclusively with it. You will also find a lot of value when it is used to confirm a signal to support any operative or system of your own. The author always listens his clients and you can always count with his support.

                              Adil
                              456
                              Adil 2019.04.10 15:48 
                               

                              User didn't leave any comment to the rating

                              Reply to review
                              Version 4.0 2019.12.08
                              1. Added a Background to the panel at the right corner of the indicator.
                              2. Added a unique prefix/suffix for all objects drawn by the indicator.
                              3. Made a revision for the code to make sure that there is no logical errors.

                              Note:
                              1. I didn't change DBD% calculations. It is the same.
                              2. Parameters are the same.
                              Version 3.0 2019.10.15
                              1- The indicator main tapes shape are now as histogram rather than the old version that was in dots. This makes it look better.
                              2- The high is restricted, to make it look like a tape.
                              3- I added "Bermaui Utilities Lite", which is four tools that you will help the user to analyze his chart much better, determine his take profits and stop losses.
                              4- Now you can switch easily between pairs or time-frames.
                              5- You can draw standard deviation channels that show overbought and oversold levels clearly.
                              6- You can draw rounded numbers grid to analyze support and resistance psychological levels.
                              7- You can draw supply and demand levels.
                              8- You can show or hide Bermaui Utilities Buttons by clicking on Shift + A / D.
                              9- You can switch between four beautiful and well-designed Color Lists. Or you can use your own color list by choosing the (Do Nothing) choice.
                              10- You can send Mobile Notification or emails and if anything gets wrong you will receive a note in the terminal's journal.
                              11- Indicator objects now change their size depending on screen resolution.
                              Version 2.1 2019.07.20
                              1. Added and Icon to the interface.
                              2. Added a description for the important buffers to the interface.
                              Version 2.0 2019.07.18
                              Welcome to Dual Bermaui Deviation Percent version 2.0 (DBD% v2.0)

                              In this version I worked to enhance the built-in function of the indicator by using a moving average as a filter.

                              1// Buy signals will be triggered if Fast BD% is greater than slow BD% and also fast SMA is greater that slow SMA.
                              2// Sell signals will be triggered if Fast BD% is smaller than slow BD% and also fast SMA is smaller that slow SMA.

                              This will reduce the number of false signals to increase the quality.