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Bollinger BandWidth tfmt4

3.5

The Bollinger BandWidth is the numerical difference between the value of the upper Bollinger Band and the lower Bollinger Band. As volatility increases and the Bollinger Bands get wider, the BandWidth indicator value will increase. As volatility decreases and the Bollinger Bands get closer, the BandWidth indicator value will decrease. The BandWidth indicator helps show volatility as it increases and decreases.

Typical use is to find times of low volatility that start to breakout as the price moves to one Bollinger Band. If volatility continues to increase and the price stays on one band, it can signal a trend as the Bollinger Bands get wider.

You can change the inputs to match the Bollinger Bands indicator that comes with your MetaTrader installation. The inputs include:

  • BandPeriods: The number of periods used to calculate the moving average in the middle of the Bollinger Bands
  • Deviations: The number of standard deviations used to calculate the upper and lower Bollinger Bands 
  • PriceType: The type of price to use in the moving average calculation
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MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
200 USD
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
280 USD
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ATR Envelopes tfmt4
GTV Holdings, LLC
3.6 (5)
ATR Envelopes use a multiple of the Average True Range and add an upper envelope line and lower envelope line around a moving average. ATR Envelopes are also known as ATR Channels. Typical use is to indicate when the price breaks out of the envelope as the ATR measures volatility. Way of the Turtle by Curtis Faith uses this type of indicator as it shows tests of an ATR Channel Breakout trend following system. You can change the moving average period, the Average True Range period, and the number
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%b shows you as a percentage where the last price is in relation to the lower and upper Bollinger Bands. If the price is at the moving average line, %b will show on the secondary chart window as a value of 50 which is 50% between the bands. %b can be a negative value (below the lower band) or above 100 (above the upper band) when the price is outside of the bands. This indicator also includes an upper line and lower line that you can specify. By default these are set at 0 and 100 for the 0% and
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This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR Range input, the ATR value from the prior bar, the account equity at r
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Moving Average Envelopes use a percentage of a simple moving average to create an upper and lower envelope around the moving average. Using the middle moving average value, the chosen percentage from the input is multiplied by the MA value to add upper and lower envelopes. As the MA value is different among markets and currency pairs, you must manually adjust the chosen percentage for each chart. If you do not see the envelopes on a chart, change the percentage to a smaller value until you see t
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This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
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This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
FREE
This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR range input, the ATR value from the prior bar, the account equity at r
FREE
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sunnychow
8669
sunnychow 2018.12.16 05:04 
 

Thanks for sharing

tacken
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tacken 2018.01.08 08:12 
 

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Maksym Mudrakov
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Maksym Mudrakov 2016.08.31 13:41 
 

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MasterExpertAd
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MasterExpertAd 2014.07.06 02:23 
 

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Version 1.2 2022.01.17
Compiled with current version of MetaEditor.
Added input to be able to change the type of price used.