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Multi TimeFrames Bollinger Bands Signals

This indicator is based on the Bollinger Bands on one or more timeframes and on any Currency Cross Pair.

The indicator generates an alert message when it detects a buy or sell signal.

It also draws a vertical bar on the price chart: green for buy or red for sell, white if flat.

Alert messages and Vertical bars for BUY or SELL, are generated when the Bollinger Bands is consistent for all chosen timeframes else a FLAT signal is generated.

In addition, the Multi TimeFrames Bollinger Bands Signals indicator measures the "POWER" of the Trend that is highlighted on the middle line of the Bollinger Bands (SMA line) with a number (1, 2, 3,...).

The higher the number, the stronger the Trend.

This is useful for detecting when the trend is becoming strong (so it may be suitable to open an order) and when it is becoming weak (so it may be suitable to close an order).


Features

Easy flexible settings:

  • Detection of the Bollinger Bands signal for one or more timeframes
  • Setting levels of Bollinger Bands

Example

You attach the indicator to a chart with H1, set Active_Bb_for_H1 to "true" and Active_Bb_for_H4 to "true" (standard setting).

The indicator uses the Bollinger Bands standard parameters:

  • Bands Period = 20
  • Bands Shift = 0
  • Bands Deviations = 2.0


Parameters

BB Monitoring Timeframe Activation

  • Active_BB_for_M1 - true/false.
  • Active_BB_for_M5 - true/false.
  • Active_BB_for_M15 - true/false.
  • Active_BB_for_M30 - true/false.
  • Active_BB_for_H1 - true/false.
  • Active_BB_for_H4 - true/false.
  • Active_BB_for_D1 - true/false.
  • Active_BB_for_W1 - true/false.
  • Active_BB_for_MN1 - true/false.


Note

In the Screenshots of examples, the Bollinger Bands oscillator that appears is not the work of "Multi TimeFrames Bollinger Bands Signals".

You can see it if you use the standard MetaTrader 4 oscillator or other free program.

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Best and worst Dashboard was born from the idea to have a panel that includes all the symbols in a chart. It is very importance to understand which symbols are both positive and negative. In the past, we realized the single indicator Best and Worst ( https://www.mql5.com/en/market/product/11784 ), now thanks to the upgrading of the Metatrader the dashboard displays all the instruments simultaneously. A great revolution. This Dashboard is able to calculate performance at any time frame and clicki
100 USD
HC Cross Signal
Harun Celik
This indicator uses Donchian channel and ATR indicators. This trend tracking system uses historical data to buy and sell. This indicator does not repaint. The point at which the signal is given does not change. You can use it in all graphics. You can use it in all pairs. This indicator shows the input and output signals as arrows and alert. Open long deals on blue arrows Open short deals on red arrows When sl_tp is set to true, the indicator will send you the close long and close short warnings.
60 USD
All In One Indicator
Daniel Sic
This Indicator is all you need to make a great technical analysis of the market. It works on any timeframe and symbol and can also be used as a whole trading system. Here is a complete list of what it can do: draw automatic trendlines draw automatic regression channel draw automatic fibonacci retracement levels draw automatic fibonacci fan levels draw customizable fractals draw moving averages draw daily, weekly, monthly high & lows draw daily pivots (adding weekly and monthly soon) draw round n
59 USD
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