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Super Bollinger Bands MT5

This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower ribbons behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about trend development at the moment, and not in the past, as majority of other indicators do. It supports sending notifications by email and also as alerts.

The indicator shows, in what direction the price will move, and is a forward-looking to a certain extent. It also informs about moments of movement damping allowing the trader to timely orientate himself or herself and exit the market before the movement changes. When you use the Super Bollinger Bands indicator, you don't have to look at ribbons all the time, as their behavior is sufficiently described by the middle line.


Indicator parameters

Ribbons Settings

  • bb_period - ribbons period (20)
  • bb_dev - ribbons deviation (2)
  • bb_shift - shift (0)
  • bb_price - apply calculation to (Close Price)

Super Bollinger Bands Settings

  • mode_ma - moving average drawing mode. Full drawing - full drawing regarding a trend direction and a direction of ribbons movement. Simple drawing - regular drawing regarding a trend direction. (Full drawing)
  • draw_bb - show/hide ribbons. true - show ribbons. false - hide ribbons. (true)
  • cmp_dev - acceptable error to compare characteristics in the process of drawing (0.00001)

If you increase cmp_dev parameter, the drawing will be less sensitive, if you decrease this parameter, the indicator will draw a lot of false signals. We recommend to set the parameter according to ribbons settings and price movement.

  • n_bars - number of bars for calculations (n_bars = -1 - all bars)

Configuring Notifications

  • send_mail - true means receiving signal alerts by email
  • send_mail_test - sending a test email notification upon indicator launch (false)
  • alerts - sending alerts to notify of a signal (true)
  • uptrend_accel - enable-disable the "Acceleration uptrend" signal (true)
  • uptrend_fad - enable-disable the "Fading uptrend" signal (true)
  • downtrend_accel - enable-disable the "Acceleration downtrend" signal (true)
  • downtrend_fad - enable-disable the "Fading downtrend" signal (true)
Notifications only work in the full MA drawing mode (mode_ma = Full drawing)!

Attention! Email notifications and alerts do not work during testing, messages to the tester Journal are written instead. The function works if alerts=true.

Settings of Lines Colors and Width

In contrast to the MT4 version, this one only uses 3 buffers to display data. Therefore you can now conveniently configure colors and width for each of the three lines separately using the Colors tab. So the color and width settings have been removed from the Inputs tab.


How to Trade

Please read the description of the MT4 version and watch the video to learn how to trade.
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Beast Super Signal MT5
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. A
149 USD
Trend Finder Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Trend Finder Multi Pair And Multi Time Frame :   This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term s
79 USD
Fast Polynom moving average and channel
Nikolai Semko
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation. The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values ​​is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers. Beginning with the version 1.4,
75 USD
X3 Chart Pattern Scanner MT5
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart 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 individua
280 USD
Naked Forex Tweezer Indicator for MT5
Renaud Candel
Tweezer Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the       best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The indicator does what he was designed for
147 USD
Weis Wave with Alert MT5
Panagiotis Diamantopoulos
*NEW Speed Index + Auto Volume Waves *  How to trade with it:   https://www.tradethevolumewaves.com/blog Videos on how to use it on our youtube channel:  https://www.youtube.com/channel/UCTAzhvsnzPppdqWJS-MWafQ Weis Wave with Alert MT5 This is a Weis Wave indicator which is based on Richard D. Wyckoff theory. It works in all time periods, range bar and tick bar charts and it can be applied to any market. This indicator is adding the volumes of the corresponding price waves and draws a cumul
420 USD
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Versión 1.10 2020.07.28
Recompilation for new terminal builds