Double Bollinger Bands Strategy

This indicator is adding two sets of Bollinger Bands. 


The "Double Bollinger Bands" trading strategy can help the trader find out and validate trend-based opportunities in especially volatile market conditions, explains Kathy Lien. 

More information, please get more explained by Kathy Lien in her Youtube. 

Double Bollinger Bands is one of the best method of following a trend.

Settings

  • Bands Period: 20
  • Bands Deviations 1: // Bollinger Bands as BB1
  • Bands Deviations 2: // Bollinger Bands as BB2
  • PipGAP: //X number of pip. Alert if current high(low) price is over current upper/lower band.
  • Bollinger Bands Alert: //by All BB or BB1 or BB2
  • Telegram channel: input your channel
  • Telegram bot token: your bot token

Sent signal alert to: Popup/Phone/Email/Telegram(*)

For security reasons, any DLL calls are prohibited in the program by MQL5, so this version can't sent the signal to Telegram.




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Concept: This indicator will help you find Spike Bar. 1/ Check Yesterday Range (Open-Close )  2/ Check Today pips:   Price from Daily Open to current price (Bid/Ask) Then alert for you  when the pips range of current candle is equal to or greater than the user defined minimum range. This indicator is related to Strategy: Daily Range Spike and Pull Back, you can find it on FFX forum
FREE
This indicator includes: Currency Strength Meter My currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. Live Heat Map — Multiple time frame Heat Map makes it easy to spot strong and weak currencies in real-time. Get an overview of how world currencies are traded against each
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