Bollinger Bands Color

Here is a clear, professional description in English that you can use for your product page or listing on MQL5 Market:

Bollinger Bands Color MT5

Enhance your chart visual clarity with Bollinger Bands Color, a clean and fully customizable MetaTrader 5 indicator designed to highlight market volatility and key support/resistance levels.

Key Features:

  • Custom Background Fill: Adds a smooth color region between the upper and lower bands to instantly identify channel expansion and contraction.

  • Distinct Support & Resistance Lines: Individual line visibility for upper (resistance), middle (main trend), and lower (support) bands.

  • Fully Customizable Palette: Easily change the fill color, band colors, line styles, and shift settings via the input parameters.

  • Lightweight & High Performance: Utilizes MT5 native calculations to ensure zero chart lag and seamless execution across all timeframes and financial assets.

Input Parameters:

  • Period: Set the moving average period (Default: 20).

  • Deviations: Adjust standard deviation multiplier (Default: 2.0).

  • Applied Price: Choose price source (Close, Open, High, Low, Typical, etc.).

  • Colors: Customize Fill, Upper Band, Middle Line, and Lower Band colors individually.


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