TCL Semi Sigma Quantile Super Bands


TCL SQ Super Bands is a volatility band indicator for MetaTrader 4. It replaces the symmetric Standard Deviation math used by Bollinger Bands with either Semi-Sigma (asymmetric volatility) or Quantile (percentile) calculations, producing bands that adapt to market skewness.

How It Works

Standard Bollinger Bands assume price moves symmetrically around the mean, but real markets often show skew, with larger or more frequent moves in one direction. This indicator offers two alternative band logics. Semi-Sigma calculates separate upper and lower deviations from the mean, producing asymmetric bands. Quantile uses percentile cut-offs (for example, the 90th and 10th percentiles) so the bands track the actual distribution of recent price movement rather than assumed symmetry.

Components

  1. Two Band Logic Modes — Semi-Sigma (asymmetric standard deviation) or Quantile (percentile-based).
  2. Center Line Choice — Simple Moving Average (SMA) or Median for the baseline.
  3. Signal Arrows — Buy and Sell arrows plotted when price rejects an outer band.
  4. Dashboard Panel — on-chart panel showing current band positions, mode, and recent signal state.
  5. Multi-Channel Alerts — Popup, Push, Email, and Sound notifications can be enabled independently.

Inputs

  • Center Line Mode — SMA or Median (default SMA)
  • Lookback Period — bars used for calculation (default 20)
  • Band Logic — Semi-Sigma or Quantile (default Semi-Sigma)
  • Multiplier — band width multiplier for Semi-Sigma mode (default 2.0)
  • Quantile High — upper percentile for Quantile mode (default 0.90)
  • Quantile Low — lower percentile for Quantile mode (default 0.10)
  • Price Source — Close or Body Center (default Close)
  • Show Dashboard — toggle the on-chart panel (default true)
  • Show Signal Arrows — toggle Buy and Sell arrows (default true)
  • Dashboard Location — chart corner (default top-left)
  • Popup, Push, Email, Sound alerts — independent toggles

Compatibility

The indicator works on MetaTrader 4. It is compatible with all instruments and all timeframes. Signal arrows are calculated on the closed bar and are not repainted.

Installation

  1. Download the file from MQL5 Market
  2. Restart MetaTrader if needed
  3. Drag the indicator onto any chart

For questions about parameters or behavior, please use the Comments tab.

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Market Structure Patterns   est un indicateur basé sur les   Smart Money Concepts   qui affiche les   éléments SMC/ICT   pouvant améliorer vos décisions de trading. Profitez des   alertes ,   notifications push   et   emails   pour être informé lorsqu’un élément se forme sur le graphique, que le prix franchit un niveau et/ou entre dans une zone. Les développeurs peuvent accéder aux valeurs des éléments de l’indicateur via les   variables globales , permettant l’automatisation des décisions de tr
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Elmira Memish
4.39 (36)
Indicateurs
Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
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Vitalyi Belyh
Indicateurs
Un indicateur technique qui structure les graphiques et identifie les mouvements de prix cycliques. Peut fonctionner sur n'importe quel graphique. Plusieurs types de notifications. Il y a des flèches supplémentaires sur le graphique lui-même. Sans revenir sur l'histoire, fonctionne sur la fermeture de la bougie. TF recommandé à partir de M5 et plus. Facile à utiliser et à configurer les paramètres. Lorsque vous utilisez 2 indicateurs avec des paramètres différents, vous pouvez les utiliser sans
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Alexey Minkov
4.68 (69)
Indicateurs
Scalper Inside PRO Scalper Inside PRO is an intraday trend and scalping indicator that uses exclusive built-in algorithms to evaluate market direction and key target levels. The indicator automatically calculates entry and exit points and several profit target levels, and it shows detailed performance statistics, so you can see how different instruments and strategies behaved on historical data. This helps you select instruments that fit current market conditions. You can also connect your own a
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Marcela Goncalves De Oliveira
Indicateurs
Prix de lancement spécial ! Seulement 79 $ ! Le prix augmentera après 10 ventes, prix final 199 $. Après votre achat, contactez-moi pour obtenir un EA bonus GRATUIT capable de trader les signaux de cassure de manière entièrement automatisée et avec des fichiers de configuration optimisés. Réussissez vos sessions de mixage en toute confiance ! ORB Seeker est un indicateur professionnel de cassure de la plage d'ouverture (ORB) conçu pour les traders qui recherchent précision, simplicité, flexibi
CRT Candle Range Theory HTF MT4
Robby Suhendrawan
Indicateurs
CRT Candle Range Theory HTF MT4.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Discounted   Price   $50  !!     Secure your lifetime access   now   before it switches to   subscription-only ! Unlock the true power of  Smart Money Concepts (SMC)  and trade precisely like the institutions with the  Ultimate CRT Indicator . Built exclusively for serious traders, this indicat
BTMM State Engine Pro MT4
Garry James Goodchild
Indicateurs
BTMM State Engine Pro is a MetaTrader 4 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
Dynamic Forex28 Navigator
Bernhard Schweigert
4.43 (7)
Indicateurs
Dynamic Forex28 Navigator - L'outil de trading Forex de nouvelle génération. ACTUELLEMENT 49 % DE RÉDUCTION. Dynamic Forex28 Navigator est l'évolution de nos indicateurs populaires de longue date, combinant la puissance de trois en un : Advanced Currency Strength28 Indicator (695 avis) + Advanced Currency IMPULSE avec ALERT (520 avis) + CS28 Combo Signals (Bonus). Détails sur l'indicateur https://www.mql5.com/en/blogs/post/758844 Qu'offre l'indicateur de force de nouvelle génération ? Tout
Non Repaint Trend Bands
Ravshan Chuliev
5 (1)
Indicateurs
Channel Trend Bands – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support well-i
Advanced Currency Strength28 Indicator
Bernhard Schweigert
4.91 (657)
Indicateurs
ACTUELLEMENT 40% DE RÉDUCTION La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une nouvelle formule. Avec seulement UN graphique, vous pouvez lire la force de la devise pour 28 paires Forex ! Imaginez comment votre trading va s'améliorer parce que vous êtes capable de repérer le point de déclenchement exact d'une nouvelle tendance
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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Stratos Digital (PVT) Ltd
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