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"2 Moving Averages with Bollinger Bands" is a custom MT5 indicator that combines two configurable moving averages and optional Bollinger Bands. It generates real-time Buy and Sell arrows when crossovers occur, with optional alerts, sound, and email notifications. Suitable for all timeframes and symbols.
📌 Key Features:
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✅ Configurable two moving averages (fast/slow):
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Customizable period, method (SMA, EMA, SMMA, LWMA), and applied price
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✅ Buy and Sell arrows based on crossover logic:
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A Buy signal appears when the fast MA crosses above the slow MA
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A Sell signal appears when the fast MA crosses below the slow MA
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✅ Optional alerts system:
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Chart alerts
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Sound alerts ( alert.wav )
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Email notifications
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✅ Integrated Bollinger Bands:
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Upper, Middle, and Lower Bands displayed
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Fully customizable: period, deviation, applied price, style, and shift
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✅ Works on any symbol and timeframe
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✅ Clean, non-repainting logic based on closed candles
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✅ Suitable for scalping, swing, or trend-following strategies
📊 Use Case:
This indicator helps traders identify potential trend reversals and entry points based on moving average crossovers while visually monitoring volatility and price channels using Bollinger Bands. It can be used as a standalone tool or combined with additional filters like RSI or CCI for more advanced setups.
⚙️ Input Settings Overview:
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MA1 Settings (Fast MA): Period, Method, Price
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MA2 Settings (Slow MA): Period, Method, Price
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Bollinger Bands Settings: Period, Deviation, Shift, Style, Width, Price
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Alerts: Enable/Disable chart, sound, or email alerts
⚠️ Disclaimer:
This indicator does not guarantee profitable trades. Use it with proper risk management and strategy testing. The developer is not responsible for any financial losses.

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An analogue of Period Converter in MT4

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The SuperTrend Indicator is a dynamic trend-following tool based on ATR. It plots a colored line above or below price to indicate bullish or bearish conditions. When the price crosses the line, a signal arrow appears. Fully customizable with ATR period, multiplier, arrows, labels, and colors. Suitable for all instruments and timeframes. Ideal for scalping, swing, and intraday trading. Combine it with other indicators for stronger setups.