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Shows the levels of overbought/oversold based on the indicator Bollinger Bands©, as well as the cross on the average.

Aid supplementary to the indicator Bollinger Bands©, making it more understandable and reinforcing the multiple signals that this indicator provides.


  • Period


Miguel Angel Vico Alba

Founder/CEO en Pathfinder Systems.

Research and development of algorithmic trading systems for MetaQuotes Language (MQL). Management of private stock portfolios. MQL5.com Forum Moderator. In markets since 2008.

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Versão 11.0 2019.08.13
Code review.
Versão 10.90 2017.05.23
Updated and tested for MetaTrader 4 Version: 4.00 Build 1090 (19 May 2017).
Versão 2.5 2017.05.18
Updated and tested for MetaTrader 4 Version: 4.00 Build 1080 (12 May 2017).
Update consensus with the rest of my products to version 2.5.
Added new description and link to the comments on the web.
Versão 2.0 2017.05.03
Updated and tested (MetaTrader 4.00 Build 1065).
Versão 1.3 2017.02.28
Updated and tested (MetaTrader 4.00 Build 1045)
Versão 1.2 2017.01.13
Updated to and tested for the build 1031 (MT4).
Versão 1.1 2016.07.08
Version 1.1
- Optimized code.
- Added color parameter for pattern label.
- Changed label of description.