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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 upper  and 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


Input

  • 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:

  1. It is possible to shut down the button
  2. You can setup your favorite keys to on-off the indicator
  3. It is possible to customize the button position  on the screen and his size.
  4. It's also possible to change the color  of button: the background  and the edge.
  5. You can choose the font, the color  and the size  of the label.

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