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Bollinger Bands % or Bollinger Bands Percentage is one of the indicators used in the Sapphire Strat Maker - EA Builder . It is calculated using the following formula: Perc = (CLOSE_PRICE - LOWER_BOLLINGER) / (UPPER_BOLLINGER - LOWER_BOLLINGER) * 100 Thus, by taking the difference between closing price to the lower band and dividing it by the difference of the upper and the lower price levels of a Bollinger Bands indicator, we can calculate this indicator. It shows how far the price is from
Индикатор сканирует до 15 торговых инструментов и до 21 таймфрейма на наличие высоковероятностных моделей паттерна Двойная вершина/дно с ложными прорывами . Что определяет этот индикатор: Этот индикатор находит особую форму таких паттернов, так называемые двойных вершин и нижних частей, так называемый Двойная вершина/дно с ложными прорывами . Паттерн "Двойная вершина с ложными прорывами" формируется, когда максимальная цена правого плеча выше левого плеча. Паттерн "Двойное дно с ложными
The idea of a Value Chart indicator was presented in the very good book I read back in 2020 , " Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile ", from the authors Mark Helweg and David Stendahl. The idea is simple and the result is pure genius: Present candlestick Price analysis in a detrended way! HOW TO READ THIS INDICATOR Look for Overbought and Oversold levels. Of course, you will need to test the settings a lot to find the "correct" one for your approach. It
Understanding the levels of the previous day or week is very important information for your trading. This indicateur allow to draw Previous day High/Low Previous week High/Low Congifuration High & Low for: Previous day, week Line Style, color Label position, size, color Any questions or comments, send me a direct message here https://www.mql5.com/en/users/mvonline