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BB Trend Flat MT5

The indicator determines trend/flat status of the market using Bollinger Bands.

Bollinger Bands diverge when the market moves sharply and converge when there is flat. The indicator uses this peculiarity. When the market is calm and distance between Bollinger Bands is less than some value, the indicator shows flat (gray histogram by default). When the market starts moving and divergence of Bollinger Bands exceeds this value, the indicator determines direction of the movement and shows an up trend (green histogram) or a down trend (red histogram).

To make the indicator independent from a timeframe, the indicator uses not an absolute distance between bands but the relative parameter "Flat factor".

The indicator is a complete analogue of the BB Trend Flat indicator for MetaTrader 4


Indicator Parameters

  • BB Period – period of Bollinger Bands.
  • BB Deviation – Bollinger Bands deviation.
  • Flat factor – parameter determining flat. The greater the value, the bigger is the flat zone displayed by the indicator.

Notifications and Alerts:

  • ON/OFF - Sound when the signal – enable/disable playing a sound signal when an upward or downward movement starts.
  • ON/OFF - Alert – enable/disable messages in the terminal when signals occur.
  • ON/OFF - Mail - enable/disable sending emails.
  • ON/OFF - Push - enable/disable sending push notifications to mobile devices.
  • Sound file on the closed bar – name of the sound file for the signal
Comentarios 4
mukanda George
20
mukanda George 2021.06.26 16:48 
 

BB trend flat MT5 is a good confirmation indicator. It prevent from trading a range market which essentially increases the profitability levels. Thanks alot for the good work.

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VR System es sólo un indicador, es un sistema de trading completo, bien equilibrado que incluye indicadores simples combinados de media móvil y un canal Donchian. El sistema se basa en reglas comerciales clásicas. VR System tiene en cuenta las reglas de entrada en el mercado, la retención de la posición en el mercado y las reglas de salida. Las reglas de negociación simples, los riesgos mínimos, las instrucciones claras hacen de VR System una estrategia de trading atractiva para los operadores e
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PAX3 Price Action Indicator
PAX3 Price Action Indicator
Marco Aurelio Santos Costa
You probably won't see the power of the indicator in the backtest, because it uses 3 windows, something you can't do, in the DEMO version that the site offers.  I trust 100% on my work and on my indicator, if you want a test version, send me a message, different from other sellers, who just want to "sell", I want whether you have a full version before renting and deciding. Many people have requested the purchase of the life time indicator, so I am making it available for a limited time. Life Ti
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AguiaTraders F12 PRO
AguiaTraders F12 PRO
Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! This is a product developed by Renato Fiche Junior and available to all MetaTrader 5 users! Partners: "Águia Traders"  team ( Eagle Tr
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Pinbar Scanner For Multi Pair And Multi Time Frame
Pinbar Scanner For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT5)  Pinbar Scanner For Multi Pair and Multi Time Frame :   This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level.  These price levels are excellent areas to determine potential entries and exi
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BlueDigitsFx OBV Divergence MT5
BlueDigitsFx OBV Divergence MT5
Ziggy Janssen
MT4 Version Available Here:   https://www.mql5.com/en/market/product/48040   Telegram Channel & Group :  https://t.me/bluedigitsforex V.I.P Group Access:   Send Payment Proof to our Inbox * Non-Repainting  Indicator To Trade Divergences for any Newbie or Expert Trader ! BlueDigitsFx's OBV Divergence draws divergence lines on the chart and on the On Balance Volume (OBV) Indicator. Performs Amazingly at significant price areas such as support and resistance. Easy Tool to build a trading
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This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( pa
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This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" program (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). This version is implemented as an Expert Advisor-assistant to reduce the load on the terminal. The EA does not trade on its own. The program searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard
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MACDivergence MTF
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Pavel Zamoshnikov
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Double HMA MTF for MT4
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Pavel Zamoshnikov
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Pavel Zamoshnikov
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Pavel Zamoshnikov
The indicator automatically identifies the 1-2-3 pattern on the chart. The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn. The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument. Simple and clear visualizati
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Pavel Zamoshnikov
The indicator automatically builds Support/Resistance levels (Zones) from different timeframes on one chart. Support-resistance levels are horizontal lines. As a rule, the market does not respond to a specific price level, but to a price range around the level, because demand and supply of market participants are not formed clearly on the line, but are “spread out” at a certain distance from the level. This indicator determines and draws precisely such a price range within which strong pos
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HMA Trend Professional MT5
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Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyz
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Alarm Clock MT4
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Pavel Zamoshnikov
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Information Panel
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The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information.  To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les
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Download Quotes
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Pavel Zamoshnikov
The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments, for example the " Candle Pattern Dashboard for MT4 " expert and the " Trend Power " indicator. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on
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CSV2Chart
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Pavel Zamoshnikov
The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates
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Candle Pattern Finder
Candle Pattern Finder
Pavel Zamoshnikov
The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con
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Trend Power
Trend Power
Pavel Zamoshnikov
A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move
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Double Parabolic MTF Histo
Double Parabolic MTF Histo
Pavel Zamoshnikov
Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e
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Market Calculator for MT4
Market Calculator for MT4
Pavel Zamoshnikov
Market Calculator is a powerful tool that allows you to easily and quickly calculate the main parameters of a trade: Lot size, StopLoss and TakeProfit, as well as estimate the amount of funds (required Margin) to open a position. The program has a very convenient and intuitive control, because implemented in OS Windows style. There are many interesting and handy features - just watch the video: https://youtu.be/FG2qqTJTIhE All program data are sorted into sections in the form of tabs: " Lot Calc
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Candle Pattern Dashboard for MT5
Candle Pattern Dashboard for MT5
Pavel Zamoshnikov
This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" indicator (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). The indicator searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard timeframes from M1 to MN1. When patterns appear on any symbol / timeframe, the indicator gives a signal (text, sound, sending
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Filtro:
mukanda George
20
mukanda George 2021.06.26 16:48 
 

BB trend flat MT5 is a good confirmation indicator. It prevent from trading a range market which essentially increases the profitability levels. Thanks alot for the good work.

Pavel Zamoshnikov
298195
Respuesta del desarrollador Pavel Zamoshnikov 2021.06.26 20:35
Thank you for your great review!
Marcello Campagna
174
Marcello Campagna 2020.07.17 01:02 
 

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Yury Zaikouski
1156
Yury Zaikouski 2019.04.02 14:22 
 

El usuario no ha dejado ningún comentario para su valoración

[Eliminado] 2019.01.14 06:09 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 1.41 2021.06.02
Recompiled for the updated terminal
Versión 1.4 2020.08.10
The BB deviation did not allow using fractional values - fixed.