Bolliger Bands OnOff MT4
The Bolligerbands On-Off it's a very useful indicator if you want a clean chart and to take a look to the indicator.
How it works: you can choose if you want the indicator always shown or always hided while switching among different time frames. Starting from this initial condition it's possible to show/hide the indicator just pressing the On-Off button or using the keyboard.
The Bollinger Bands indicator is composed by
three lines: the
lower band and a
simple moving average. The bands are 2 standard deviations and the Sma has 20-periods as default. The Bollinger Bands identify the
degree of real-time volatility for a security or a currency pair.
Upper Band= SMA+2Sdt
Middle Band= SMA
Lower Band= SMA-2Sdt
- It is possible to setup the period and the shift for the bands and of central Sma
- You can choose their color, the style and the the width.
The in input for the button:
- It is possible to
- You can setup your favorite keys to
on-off the indicator
- It is possible to customize the button position on the screen and his size.
- It's also possible to change the color of button: the background and the edge.
- You can choose the font, the color and the size of the label.