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Bollinger Trend PRO

What is Bollinger Trend PRO?

This is an advanced version of Bollinger Band and Moving Average. This indicator can be attached to any timeframe chart. There are three buttons on a chart to click.

If you click on the button "Bollinger on", it will automatically add a Bollinger Band to chart and color the trends inside the Bollinger Band. When the trend is up, the inside color of the Bollinger Band turns green, when the trend is down, the inside color of the Bollinger Band turns red.

If you click on the button "Trend filter on", it will automatically add a moving average line to chart and color the trends inside the moving average line. When the trend is up, the inside color of the moving average line turns green, when the trend is down, the inside color of the moving average line turns red.

If you click on the button "Glowing on", it will automatically turn on/off the glowing feature of the moving average trend line.

Settings

  • Bolinger Band averaging period: 20 (default is 20, my best setting for H1 chart)
  • Bolinger Band deviation: 2.0 (default is 2)
  • Bolinger Band shift: 0 (default is 0, you can change to 1 or whatever number you like to shift)
  • Bolinger Band applied price: Close price (you can choose to Open, High, Low, Median, or weighted price)
  • using MA email: true (turn this feature on if you want to trigger an email when MA signal changes)
  • using BB email: true (turn this feature on if you want to trigger an email when Bollinger Band signal changes)
  • Email Alert: true (to use email feature, you should turn it to true, if you choose false, it will not send you an email alert)
  • Sound Alert: false (if you want your MT4 platform to send you a sound alert, when signal changes, turn it to true)
  • MA shift: 50 (how many days do you want the moving average line to be)
  • MA method: 1 (simple, exponential, smooth, linear weight). This setting is related to the moving average.
  • AppliedPrice: 6 (close, open, high, low, median, typical, weighted). This setting is related to the moving average.
MAMethod Setting Options:
  • Enter secret code 0 for: Simple Averaging
  • Enter secret code 1 for: Exponential averaging
  • Enter secret code 2 for: Smoothed averaging
  • Enter secret code 3 for: Linear-weighted averaging
AppiedPrice Setting Options:
  • Enter secret code 0 for: Close price
  • Enter secret code 1 for: Open price
  • Enter secret code 2 for: The maximum price for the period
  • Enter secret code 3 for: The minimum price for the period
  • Enter secret code 4 for: Median price, (high + low)/2
  • Enter secret code 5 for: Typical price, (high + low + close)/3
  • Enter secret code 6 for: Weighted close price, (high + low + close + close)/4

You don't need to switch Forex brokers to use my indicator. Most people just use my MT4 indicator to see the trends and manually enter in the trades in their broker's trading platform.

If the trend is "glowing red", I only focus on selling at the highest possible price. If the trend is "glowing green", I only focus on buying at the lowest possible price.

  • Special Bonus: After you purchased my "Bollinger Trend PRO" indicator, go to my blog http://bollingertrendpro.blogspot.com and fill out the contact form to let me know that you've just purchased it, after I verified that you've purchased, I will send you my 'Pivots777' MT4 indicator for Free as a bonus gift. (a $77.70 value) https://www.mql5.com/en/market/product/35857
  • This bonus offer begins 5/02/2019 and will end 12/01/2020
Reminder: I will raise the monthly rental price soon. Don't wait, rent now to lock in that price. If you rent now, you can use it for 30 days from the date that you rent it.


Ramhorn
710
Ramhorn 2016.10.11 09:05 
 

Personally speaking...this indicator is simple, and yet highly effective. It deserves 5 stars. As Einstein would say..." every thing should be made as simple as possible, but not simpler " This is what truly matters when trading.

Versão 1.777 2019.03.25
I fine-tuned it so the signal is compatible with all Forex currency pairs.
Versão 1.7 2019.02.08
In this version 1.7 upgrade, I've modified the moving average line to: Linear-weighted Averaging.
I also modified the applied price to: Weighted price, (high + low + close)/3