Double Bollinger Bands Channel Alert
- 지표
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Nguyen Thanh Trieu
소프트웨어 개발자이자 트레이더입니다. 제가 직접 매매에 사용하는 실용적인 MetaTrader 5 도구를 만듭니다.
시장 구조, 프라이스 액션 로직, 리스크 시각화, 커스텀 지표와 유틸리티를 주로 다룹니다.
깨끗한 코드, 안정적인 실행, 보기 쉬운 화면을 중요하게 생각합니다. 제품 하나마다 하나의 구체적인 문제를 해결합니다. 수익을 약속하지 않습니다.
좋은 도구는 당신을 대신해 결정하지 않습니다. 더 잘 보고 판단하도록 돕는 것입니다. - 버전: 1.0
Trading in volatile markets often creates uncertainty between genuine trend continuation and false breakouts.
When price moves quickly, monitoring multiple standard deviation bands manually can clutter execution timing.
Double Bollinger Bands Channel Alert provides a structured two-band framework to identify trend momentum zones and pullback continuation levels with clarity.
What it shows:
Outer Bands (Deviation 2.0) = Volatility boundaries highlighting strong trend expansion.
Inner Bands (Deviation 1.0) = Dynamic support and resistance defining pullback continuation zones.
Center Baseline = 20-period Simple Moving Average representing fair market value.
Buy Zone = Area between Upper Band 1.0 and Upper Band 2.0 (strong upward trend momentum).
Sell Zone = Area between Lower Band 1.0 and Lower Band 2.0 (strong downward trend momentum).
Neutral Zone = Range between Upper Band 1.0 and Lower Band 1.0 (consolidation and mean reversion).
How to read it:
Trend Momentum: Price candles closing consistently inside the Buy Zone or Sell Zone confirm active trend strength.
Pullback Continuation: In a confirmed trend, price pulling back to test the Inner Band (Dev 1.0) and rejecting back into the trend zone offers structured continuation entries.
Trend Exhaustion: Price falling back into the Neutral Zone indicates fading momentum or consolidation.
Alert mechanisms:
Customizable PipGAP: Define an exact pip threshold beyond the bands to filter market noise before triggering notifications.
Flexible Trigger Modes: Choose between monitoring All Bands, Inner Band 1 only, or Outer Band 2 only.
Multi-channel delivery: Receive instant alerts via Terminal Popup with sound, MT5 Mobile Push notifications, Email, or direct Telegram bot messages.
Signal stability:
When bar-close confirmation is enabled, alerts fire strictly upon candle close to prevent repainting. Historical bands reflect confirmed closing data.
Best fit:
Assets: Forex pairs, Gold (XAUUSD), Indices, and Crypto.
Timeframes: M5 to H4 for intraday and swing trend analysis.
Trading style: Trend-following, pullback entries, and breakout volatility monitoring.
What it does NOT do:
It does not execute trades automatically.
It does not guarantee future price direction.
It serves as an analytical indicator to support disciplined manual and semi-automated decision-making.
Core settings:
Bands Settings: Period (default 20), Deviations 1 (1.0), Deviations 2 (2.0), Shift, Applied Price.
Alert Threshold: PipGAP buffer, Trigger mode (All BB / BB1 / BB2), Alert on bar close.
Notifications: Terminal Popup, Mobile Push, Email, Telegram WebRequest (Token & Channel ID).
Support:
Questions or setup assistance? Feel free to reach out via my MQL5 profile.
