Icarus BolliBand Change Display Indicator

Icarus Bolli-Band Change Display(TM) Indicator is a simple, but highly effective tool for visually identifying areas where the all-important 'Bollinger Band' values are in a state of expansion, contraction of neither.

The traditional Bollinger Bands have been widely applied to trading charts globally since their creation by John Bollinger several decades ago.

One of the limitations of the traditional Bollinger Bands is the ability to clearly identify when the bands are in fact expanding or contracting. This market environment indication is a critical element of any effective signal or strategy, particularly when overlaying other indicators for added confluence. 

The Icarus BolliBand Change Display Indicator provides a clear visual indication of when the market environment is in an expansion, contraction or neutral phase. 

The Indicator has a full range of optimisable inputs, allowing users to identify settings that best suit their trading style, instruments and preferred timezones. 

Optimisable and Customisable inputs include:

  • Bolli Periods, providing for a precise setting of duration and sensitivity. 
  • Bolli width, providing the fully adjustable standard deviation mark
  • Expansion Lookback, allowing users to adjust the distance back in time the % of expansion will compare. This feature allows users to ensure the best possible fit for different timeframes and instrument differences
  • Expansion % threshold, allowing users to identify allowable limits of expansion, to assist in clearing out 'noise' within the Bolli-Band conditions
  • Contraction Lookback, allowing users to adjust the distance back in time the % of contraction will compare. This feature allows users to ensure the best possible fit for different timeframes and instrument differences
  • Contraction % threshold, allowing users to identify allowable limits of contraction, to assist in clearing out 'noise' within the Bolli-Band conditions

Full colour and intensity customisation is also build in, ensuring every trader's preferred template style is most well suited. 

For users who prefer a chart without the clearly defined BolliBand Change Display shading, the on/off feature allows these elements to be removed and replaced with a coloured control-line only.

The BolliBand Change Display Indicator is an integral part of many Icarus Signal automated strategies, across FX, commodities and equities. It applies equally well to shorter timeframes as with longer timeframes, with customisation ensuring the best possible fit for your trading style.

The combination of the Bolli-Band Change Display Indicator with other indicators, including the suite of Icarus Indicators can be a powerful tool in your trade development arsenal. 

With the Icarus Reversals Indicator and Icarus Continuation Indicator both having in-built Bolli-Band code overlay, users have the opportunity to perfectly fit the combination of Icarus Indicator parameters to meet their preferred trading style and instrument types. 

If you have any questions or would like additional information, please don't hesitate to contact the Icarus team via the MQL5 community, or via email at: team@icarussignals.com.

YouTube Tutorial Video coming soon!

Yours in trading confidence

Icarus Signals



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The indicator is built on a non-standard Zig Zag, it draws accumulations after which if the price leaves this zone and a test of this zone occurs, then a sound signal is given and an arrow appears - after the test candle closes.The indicator does not redraw its signals, it is very easy to use, there are only three settings 1- this is the zig zag parameter 2- this is the minimum price exit from the zone 3- this is the maximum price exit from the zone. The lower the parameter for Zig Zag, the more
Gold Venamax MT4
Sergei Linskii
3 (2)
Indicatori
Gold Venamax : questo è il miglior indicatore tecnico azionario. L'algoritmo dell'indicatore analizza il movimento dei prezzi di un asset e riflette la volatilità e le potenziali zone di ingresso. Caratteristiche dell'indicatore: Questo è un super indicatore con Magic e due blocchi di frecce di tendenza per un trading comodo e redditizio. Sul grafico viene visualizzato il pulsante rosso per cambiare blocco. Magic è impostato nelle impostazioni dell'indicatore, in modo da poter installare l'indi
PZ Harmonacci Patterns
PZ TRADING SLU
3.17 (6)
Indicatori
Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
Atomic Analyst
Issam Kassas
5 (7)
Indicatori
Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Atomic Analyst è attualmente disponibile a $99 . Il prezzo aumenterà a $199 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo aver acquistato Atomic Analyst, inviami un messaggio privato per ricevere Smart Universal EA GRATIS e trasformare i tuoi segnali Atomic Analyst in operazioni automatiche. Atomic Analyst è un indicatore di trading Price Action non-repainting
Smart Price Action Concepts
Issam Kassas
4.77 (13)
Indicatori
Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Smart Price Action Concepts è attualmente disponibile a $200 . Il prezzo aumenterà a $299 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo l’acquisto, inviami un messaggio privato per ricevere un bonus gratuito + regalo . Prima di tutto, vale la pena sottolineare che questo strumento di trading è un indicatore non-repainting, non-redrawing e non-lagging, il che lo
Cycle Sniper
Elmira Memish
4.39 (36)
Indicatori
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
Market Structure Patterns MT4
Samuel Manoel De Souza
5 (18)
Indicatori
Market Structure Patterns   è un indicatore basato sui   Smart Money Concepts   che mostra gli   elementi SMC/ICT   che possono portare le tue decisioni di trading a un livello superiore. Approfitta di   alert ,   notifiche push   e   email   per essere avvisato quando si forma un elemento sul grafico, il prezzo supera un livello e/o entra in una zona. Gli sviluppatori possono accedere ai valori degli elementi dell’indicatore utilizzando le   variabili globali , consentendo l’automazione delle d
GOLD Impulse with Alert
Bernhard Schweigert
4.67 (12)
Indicatori
Questo indicatore è una super combinazione dei nostri 2 prodotti Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Funziona per tutti i time frame e mostra graficamente l'impulso di forza o debolezza per le 8 valute principali più un simbolo! Questo indicatore è specializzato nel mostrare l'accelerazione della forza delle valute per qualsiasi simbolo come oro, coppie esotiche, materie prime, indici o futures. Primo nel suo genere, qualsiasi simbolo può essere aggiunto all
Quants HL Break
Ferhat Mutlu
5 (2)
Indicatori
Calcolo avanzato fatto da pura azione sui prezzi per trovare breakout LH e HL. Ti darà un grande punto di inversione nel mercato.I segnali LH e HL possono essere utilizzati anche per i breakout di traingle. Una volta che si verifica un breakout, indica una forte inversione.Bel filtro per le medie mobili.Consiglio vivamente di usarlo con gli indicatori di tendenza. Può essere utilizzato come ulteriore conferma per supporto e resistenza, indicatori della domanda di offerta. Maggiori dettagli po
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Icarus Reversals Indicator FREE
James D Scuderi
3 (2)
Indicatori
The Icarus Reversals(TM) FREE Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator (FREE version) generates long and short trade signals, which can be customised for key inputs and colourisation. Settings of the Icarus Reversals FREE h
FREE
Icarus Strength Continuation Indicator
James D Scuderi
Indicatori
The Icarus Signals Continuation(TM) Indicator is a simple, but highly effective tool for identifying strong price trends, both long and short, across all time-frames and instrument types.  The Icarus Continuation Indicator allows users to plot individual markers for each bar, when price has extended into a high-probability trend area, after a set level of extension. The Continuation Indicator   allows users to fully optimise   each of the unique Icarus settings to best fit a particular trading s
Icarus Reversals Indicator FULL Suite
James D Scuderi
Indicatori
The Icarus Reversals(TM) Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator generates long and short trade signals, which can be customised for all inputs, allowing for the complete optimisation fitted to any trader or investor style
Icarus Auto Dynamic Support and Resistance
James D Scuderi
Indicatori
The Icarus Auto Dynamic Support and Resistance  Indicator provides a highly advanced, simple to use tool for identifying high-probability areas of price-action automatically - without any manual input whatsoever. .  All traders and investors understand the importance of marking horizontal levels on their charts, identifying areas of supply and demand, or support and resistance. It is time-consuming and cumbersome to manually update all instruments, across all timeframes, and it requires regular
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