TCL Boll Bands Trader MT4

TCL Boll Bands Trader is a Bollinger Bands indicator for MetaTrader 4 with a multi-mode trend filter, dual-deviation entry levels, volatility subfilters, and an interactive on-chart dashboard.

How It Works

Standard Bollinger Bands signals can produce signals against the dominant move when the underlying market is in a strong trend. This indicator addresses that by checking each potential signal against a configurable trend filter before plotting it, and by adding squeeze, Average Directional Index (ADX), and session filters that can suppress signals under specific volatility and directional conditions.

Components

  1. Dual-Deviation Bollinger Bands — two band layers are plotted: a standard layer at 2.0 standard deviations and an extreme layer at 3.0 standard deviations.
  2. Multi-Mode Trend Filter — three selectable filter modes determine the market bias: Composite (Exponential Moving Average plus Relative Strength Index plus Moving Average Convergence Divergence agreement), EMA Slope (direction of the trend EMA), or Price Position (price above or below the trend EMA). Signals are only plotted when the chosen filter agrees with the proposed direction.
  3. Volatility Subfilters — optional Squeeze and ADX filters suppress signals during low-volatility or weak-direction conditions.
  4. Session Timing — optional session window with Greenwich Mean Time (GMT) and Daylight Saving Time adjustment so signals only appear during selected trading hours.
  5. Stop Loss and Take Profit Visualizer — each signal arrow is drawn with a fixed-pip Stop Loss line and a dynamic Take Profit line targeting the middle band.
  6. Dashboard Panel — on-chart panel showing band positions, RSI value, trend filter state, and session status. Panel position is remembered between sessions.
  7. Clipboard Copy — recent signal details can be copied to the system clipboard with one click for journaling or external use.

Inputs

  • Show Dashboard Panel — toggle the dashboard (default true)
  • Dashboard Location — chart corner (default top-left)
  • Bollinger Bands Period — central baseline period (default 20)
  • Entry Deviation Standard — first band layer multiplier (default 2.0)
  • Entry Deviation Extreme — second band layer multiplier (default 3.0)
  • RSI Period — RSI lookback (default 14)
  • RSI Oversold Level — level for bullish signal trigger (default 30.0)
  • RSI Overbought Level — level for bearish signal trigger (default 70.0)
  • Stop Loss Pips — fixed Stop Loss distance in pips (default 15)
  • Dynamic Take Profit — toggle dynamic Take Profit at middle band (default true)
  • Enable Trend Filter — toggle the trend filter (default true)
  • Trend MA Period — EMA period for trend bias (default 50)
  • Trend RSI Period — trend RSI lookback (default 14)
  • Trend MACD Fast Period — MACD fast EMA (default 12)
  • Trend MACD Slow Period — MACD slow EMA (default 26)
  • Trend MACD Signal Period — MACD signal line (default 9)
  • Popup Alert — enable MetaTrader popup notifications (default true)
  • Push Notification — enable mobile push notifications (default false)
  • Email Alert — enable email notifications (default false)
  • Sound Alert — enable sound notifications (default false)

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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Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The EA doe
Day Trader Master è un sistema di trading completo per i day trader. Le systeme se compose de due indicatori. Un indicar est un signal fléché pour acheter et vendre. C'est l'indicateur de fleche que vous obtenez. Je vous fournirai le deuxième indicaur gratuitement. Le deuxième indicaur è un indicaur de tendance spécialement conçu pour être utilisé conjointement avec ces flèches. GLI INDICATORI NON SI RIPETONO E NON RITARDANO! Usare questo sistema è molto semplice. Devi solo seguire i segnali del
IX Power MT4
Daniel Stein
4.82 (11)
IX Power: Scopri approfondimenti di mercato per indici, materie prime, criptovalute e forex Panoramica IX Power è uno strumento versatile progettato per analizzare la forza di indici, materie prime, criptovalute e simboli forex. Mentre FX Power offre la massima precisione per le coppie di valute utilizzando i dati di tutte le coppie disponibili, IX Power si concentra esclusivamente sui dati di mercato del simbolo sottostante. Questo rende IX Power una scelta eccellente per mercati non correlat
Reversal Identifier MT5 - Un indicatore in grado di individuare i punti di inversione su un grafico. Funziona senza ricalcoli o ritardi, identifica picchi e minimi frattali e segnala le inversioni con delle frecce. L'indicatore individua i punti di inversione precoci, dopo i quali si verifica una correzione o un cambio di direzione del trend. L'utilizzo ottimale di questo indicatore è su due timeframe: il timeframe superiore per determinare il trend e quello inferiore per ricevere i segnali di
Forex Breath System è un sistema di trading basato sui trend che può essere utilizzato con qualsiasi mercato. Puoi utilizzare questo sistema con valute, metalli, materie prime, indici, criptovalute e persino azioni. Può essere utilizzato anche con qualsiasi intervallo di tempo. Il sistema è universale. Mostra la tendenza e fornisce segnali di freccia con la tendenza. L'indicatore può anche fornirti un tipo speciale di avvisi quando i segnali appaiono nella direzione del trend, il che rende il tr
Smetti di indovinare. Inizia a fare trading con un vantaggio statistico. Gli indici azionari non si negoziano come il forex. Hanno sessioni definite, gap notturni e seguono pattern statistici prevedibili. Questo indicatore ti fornisce i dati di probabilità di cui hai bisogno per fare trading su indici come DAX, S&P 500 e Dow Jones con fiducia. Cosa lo rende diverso La maggior parte degli indicatori ti mostra cosa è successo. Questo ti mostra cosa probabilmente succederà dopo. Ogni giorno di trad
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TCL Super Trend
Stratos Digital (PVT) Ltd
TCL Super Trend is a trend-following indicator for MetaTrader 4. It plots a SuperTrend line, ATR-adaptive volatility bands, trend-change arrows, and an on-chart dashboard panel. HOW THE ENGINE WORKS Most SuperTrend indicators use a single Average True Range (ATR) multiplier to place a line above or below price. TCL Super Trend uses a dual-logic state machine that tracks both the highest lows and the lowest highs within a configurable lookback window, called Amplitude. A trend reversal is con
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TCL Boom and Crash
Stratos Digital (PVT) Ltd
TCL Boom Crash is a signal indicator for MetaTrader 4 that combines a Relative Strength Index (RSI) layer, Stochastic oscillator confirmation, optional RSI divergence detection, and a multi-factor trend filter. Signal arrows are plotted on the chart when the configured filters agree. How It Works Each potential signal is built from three layers: RSI crossing its overbought or oversold level, Stochastic oscillator confirmation, and optional RSI divergence detection. A separate trend filter using
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Auto Supply and Demand Oscillator is an indicator for MetaTrader 4 and MetaTrader 5 that detects supply and demand zones automatically and displays them as a single oscillator value at the bottom of the chart, instead of drawing rectangles directly on price. Concept Supply zones are price areas where strong selling created a sharp downward move away from a balance area. Demand zones are price areas where strong buying created a sharp upward move. Traditional implementations draw boxes on the
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TCL adaptive super bands
Stratos Digital (PVT) Ltd
Adaptive Super Bands is a volatility band indicator for MetaTrader 4 and MetaTrader 5. Unlike traditional Bollinger Bands, which use Standard Deviation with equal weighting across all bars, this indicator uses an Exponentially Weighted Moving Average (EWMA) variance model. EWMA places more weight on recent price action, allowing the bands to respond more quickly to changes in volatility. The indicator includes a market regime filter and a volatility-compression detector. Core Components 1. E
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TCL Auto S&R Lines is a Support and Resistance indicator for MetaTrader 4. It scans recent price history with a fractal-based algorithm, identifies levels that have been touched multiple times, and draws them on the chart. It also includes a manual lock feature to preserve specific levels between sessions. How It Works The indicator searches for swing pivots within a configurable history window using a fractal sensitivity parameter. Each candidate level is then validated by a touch-verification
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TCL Vwap Super Bands
Stratos Digital (PVT) Ltd
TCL VWAP Super Bands is a Volume Weighted Average Price (VWAP) indicator for MetaTrader 4 with anchored mode, standard deviation bands, and a squeeze detector. It plots the daily-session VWAP by default and supports anchoring to any specific date. How It Works VWAP is a volume-weighted version of the average price over a chosen period. It is widely used as a reference level for fair value. The indicator computes VWAP from the current session start (daily mode) or from a user-specified date (anch
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TCL Auto Pivot Points
Stratos Digital (PVT) Ltd
TCL Auto Pivot Points is a daily, weekly, and monthly pivot-point indicator for MetaTrader 4. It calculates classic institutional support and resistance levels (R1 through R3 and S1 through S3) using a choice of four formulas and plots them automatically on the chart. What It Plots The indicator draws seven horizontal lines: the central Pivot Point (P), three Resistance levels (R1, R2, R3) above it, and three Support levels (S1, S2, S3) below. The lines update at the start of each pivot period (
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TCL MA Crossovers
Stratos Digital (PVT) Ltd
TCL MA Crossovers is a Moving Average crossover indicator for MetaTrader 4 with independent Fast and Slow MA settings for every chart timeframe. It plots crossover markers and sends multi-channel alerts when a confirmed crossover occurs. How It Works Most crossover indicators apply one Fast and one Slow Moving Average to whichever timeframe is open. This indicator stores a separate Fast and Slow MA configuration for each timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN). When the chart timeframe
FREE
TCL Power Meter
Stratos Digital (PVT) Ltd
TCL Power Meter is a currency strength dashboard for MetaTrader 4. It analyzes eight major currencies (USD, EUR, GBP, JPY, CHF, AUD, CAD, NZD) against the entire matrix of cross pairs using an aggregated Relative Strength Index (RSI) formula, producing a single 0-to-100 strength score per currency. How It Works For each of the eight major currencies, the indicator computes RSI values across every pair that currency is part of, then aggregates those values into a single strength score. The result
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TCL Super RSI
Stratos Digital (PVT) Ltd
TCL Super RSI is a Relative Strength Index (RSI) indicator for MetaTrader 4 with timeframe-adaptive settings. It detects the chart's timeframe and applies a different RSI period and overbought/oversold threshold optimised for that timeframe, ranging from a 7-period RSI for M1 scalping to a longer-period smoothed RSI for Daily and Monthly charts. How It Works The standard 14-period RSI is a single fixed setting that responds differently on different timeframes. On fast charts the same period is
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TCL Trend Radar
Stratos Digital (PVT) Ltd
TCL Trend Radar is a multi-timeframe trend dashboard for MetaTrader 4. It applies a three-condition algorithm (Moving Average cross plus Directional Movement Index plus Average Directional Index gate) to grade the trend on every standard timeframe and displays the result on a single panel. How It Works For each timeframe the indicator computes three things: the relationship between a Fast and a Slow Moving Average, the Directional Movement Index (DMI) for trend direction, and the Average Directi
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TCL Correlation Matrix
Stratos Digital (PVT) Ltd
TCL Correlation Matrix is a multi-symbol correlation dashboard for MetaTrader 4. It scans up to 42 symbols across Forex majors, crosses, exotics, commodities, and cryptocurrencies, calculating a real-time Pearson correlation coefficient between each symbol and the chart's symbol. What It Shows Each symbol's correlation value is displayed as a coefficient between -1.00 and +1.00. Values close to +1.00 mean the two symbols move together; values close to -1.00 mean they move opposite; values near 0
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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
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