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PZ Bollinger Trend MT5

A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to trade
  • Customizable colors and sizes
  • It is non-repainting and non-backpainting
  • It is fantastic as a trailing stop method
  • It implements alerts of all kinds


Settings

When loading the indicator to any chart, you will be presented with a set of options as input parameters. Do not despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  • Period - MA period of Bollinger bands.
  • Deviation - standard deviation for Bollinger bands.
  • Max History Bars - past bars to draw when the indicator loads.
  • Drawing Settings - colors and sizes for arrow objects.
  • Alerts - enable/disable alerts of all kinds, or set a custom alert text.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


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    Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detecto
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    Quantum Live Renko Charts Indicator for MT5
    Quantum Live Renko Charts Indicator for MT5
    QUANTUM TRADING SOFTWARE LIMITED
    Renko is a well-known Japanese charting technique that removes time from the chart. Instead of drawing bars in constant intervals (time) as a normal chart would, a Renko chart does so only when price moves beyond a predefined amount. In a Renko chart, a bar is created when price exceeds the previous bar’s high or low by a predefined amount or what we call the Box Size. The result is a chart with equally sized bars running up or down in 45 degree angles. Such a chart offers the following advant
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    Support n Resistance MT5
    Support n Resistance MT5
    Pavel Verveyko
    The indicator plots flexible support and resistance levels (dots). A special phase of movement is used for construction. Levels are formed dynamically, that is, each new candle can continue the level or complete it. The level can provide resistance or support to the price even where it is no longer there. Also, support and resistance levels can change roles. The importance of levels is affected by: the amount of time the level is formed and the number of touches. The significance of these l
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    Netsrac Correlation Trade Indicator MT5
    Netsrac Correlation Trade Indicator MT5
    Carsten Pflug
    The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - plea
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    Vilka Neo v5 for MT5
    Vilka Neo v5 for MT5
    Maksim Mihajlov
    Вилка Нео v5, разрабатывалась для торговой системы "Оракул", но постепенно дополнялась, например - углами Ганна и другими опциями... Можно создавать графические объекты с заданным цветом, стилем и толщиной, такие как: прямоугольники с заливкой и без, отрезки трендлиний и нестандартный инструмент - "вилка Нео" в виде трезубца, так же есть возможность интерактивно настраивать цветовую палитру прямо с графика, настраивать видимость объектов для разных ТФ, толщину и стили... Панель переключается к
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    FX Volume MT5
    FX Volume MT5
    Daniel Stein
    Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. Get more information, like FAQs, tradin
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    Consecutive Bar Scanner Multi Pair And MTF
    Consecutive Bar Scanner Multi Pair And MTF
    ScorpionFX
    (FOR MT5)  Consecutive Bar Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for. You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the i
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    FanTracer
    FanTracer
    Syed Oarasul Islam
    This Indicator draws Fibonacci Fan levels in two different ways. You can select whether to draw Fibonacci Fan levels based on your favourite ZigZag settings or you can let the indicator to draw Fan levels based on given number of bars or candles.  You can also set Mobile and Email notification for your favourite Fan  levels individually. With this indicator you will not have to feel lonely as the it can generate Voice alerts, which will keep you focused on your trading and remove boredom.  Prod
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    FX Trend MT5
    FX Trend MT5
    Daniel Stein
    You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerf
    75 USD
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    PZ TRADING SLU
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    PZ Stretch
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    PZ TRADING SLU
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    PZ Trend Trading
    PZ Trend Trading
    PZ TRADING SLU
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    PZ Lopez Trend MT5
    PZ TRADING SLU
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    PZ Reversal Fractals MT5
    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ Day Trading MT5
    PZ Day Trading MT5
    PZ TRADING SLU
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    PZ Supply Demand
    PZ Supply Demand
    PZ TRADING SLU
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    PZ ABCD Retracement
    PZ TRADING SLU
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    PZ Swing Trading
    PZ TRADING SLU
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    PZ Swing Trading MT5
    PZ Swing Trading MT5
    PZ TRADING SLU
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    PZ Candlestick Patterns MT5
    PZ TRADING SLU
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    PZ Turtle Trading EA MT5
    PZ TRADING SLU
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    PZ Support Resistance MT5
    PZ TRADING SLU
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    PZ Pivot Points MT5
    PZ TRADING SLU
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    PZ Trendlines MT5
    PZ TRADING SLU
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    PZ Goldfinch Scalper EA MT5
    PZ TRADING SLU
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    PZ Inside Bars MT5
    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ Three Drives
    PZ TRADING SLU
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    PZ Pivot Points
    PZ TRADING SLU
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    PZ Turtle Trading MT5
    PZ Turtle Trading MT5
    PZ TRADING SLU
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    PZ Sandwich Bars MT5
    PZ Sandwich Bars MT5
    PZ TRADING SLU
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    PZ Trendlines
    PZ TRADING SLU
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    PZ Market Profile
    PZ TRADING SLU
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    PZ Oscillator MT5
    PZ Oscillator MT5
    PZ TRADING SLU
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    PZ Binary Options
    PZ TRADING SLU
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