Custom Bollinger Bands

1. What is it

The classic Bollinger Bands and the Bollinger Bands indicator built into the system,  they have the same mean period and deviation period.  And the method of average is just the simple moving average method.  The deviation method used is just the standard deviation method.  All this limits our research because:
  • Sometimes we would like to have longer period averages + shorter period deviations.
  • Sometimes we want moving averages that are not limited to simple moving averages but also include other moving average patterns.
  • The standard deviation is used to portray price fluctuations influenced by price position, while the ATR is used to portray price fluctuations that reflect a different market situation.

Therefore, we developed the Bollinger Bands indicator which has more functions.

2. Calculation method

  • Mean (mean value under a method)  +/-  Multiplier * Deviation (Standard Deviation or ATR)

3. How to use

The following is an introduction to the indicator parameters, which are simple and easy to understand.
===MA Parameter===
  • InpMAPeriod = 20;                         // MA Period
  • InpMAShift = 0;                             // MA Shift, Only MA Value Shift.
  • InpMAMethod = MODE_SMA;           // MA Method:  MODE_SMA,  MODE_EMA,  MODE_SMMA,  MODE_LWMA
  • InpApplied_Price = PRICE_CLOSE;  // MA applied_price
  • InpAllShift= 0;                              // All Shift(Plot Shfit)
===Deviation Parameter===
  • IsUsedATR = false;                 // Use ATR mode?  false: deviation is standard deviation;  true: deviation is ATR
  • InpDeviationPeriod = 20;       // Deviation Period
  • InpMulDeviations = 2.0;         // Multiplier of Deviation


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5 (14)
Indicadores
FX Levels: Suporte e Resistência com Precisão Excepcional para Todos os Mercados Visão Geral Rápida Procurando um meio confiável de identificar níveis de suporte e resistência em qualquer mercado—incluindo pares de moedas, índices, ações ou commodities? FX Levels combina o método “Lighthouse” tradicional com uma abordagem dinâmica de vanguarda, fornecendo uma precisão quase universal. Baseado em nossa experiência real com corretores e em atualizações automáticas diárias mais as de tempo real,
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Indicadores
Apresentando   Quantum TrendPulse   , a ferramenta de negociação definitiva que combina o poder do   SuperTrend   ,   RSI   e   Stochastic   em um indicador abrangente para maximizar seu potencial de negociação. Projetado para traders que buscam precisão e eficiência, este indicador ajuda você a identificar tendências de mercado, mudanças de momentum e pontos de entrada e saída ideais com confiança. Principais características: Integração SuperTrend:   siga facilmente a tendência predominante do
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RelicusRoad Pro: Sistema Operacional Quantitativo de Mercado 70% DE DESCONTO ACESSO VITALÍCIO (TEMPO LIMITADO) - JUNTE-SE A 2.000+ TRADERS Por que a maioria dos traders falha mesmo com indicadores "perfeitos"? Porque eles operam Conceitos Únicos no vácuo. Um sinal sem contexto é uma aposta. Você precisa de CONFLUÊNCIA . RelicusRoad Pro não é um simples indicador de seta. É um Ecossistema Quantitativo de Mercado completo. Ele mapeia a "Estrada do Valor Justo", distinguindo ruído de rupturas estru
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Este painel mostra os últimos   padrões harmónicos   disponíveis para os símbolos seleccionados, pelo que poupará tempo e será mais eficiente /   versão MT4 . Indicador gratuito:   Basic Harmonic Pattern Colunas do indicador Symbol :   aparecem os símbolos seleccionados Trend :   de alta ou de baixa Pattern :   tipo de padrão (gartley, borboleta, morcego, caranguejo, tubarão, cifra ou ABCD) Entry :   preço de entrada SL:   preço de paragem de perda TP1:   preço do 1º take profit TP2:   preço
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