Bollinger Band Moving Average

Bollinger Band Moving Average Scanner (BBMA)

BBMA is a chart indicator for traders who use the Bollinger Band + Moving Average method. It draws the full BBMA structure on your chart, marks the classic setups automatically, and includes a multi-symbol, multi-timeframe scanner panel so you can monitor many markets from a single chart.

What it draws

• Bollinger Bands (default 20, 2.0)
• MA High and MA Low (WMA 5 and 10)
• EMA 50
• MA Shadow lines (WMA 6–9 on High/Low)
• All line colors are adjustable

On-chart signals

• EXT – Extreme
• MHV – Market Lost Volume
• CSAK
• CSM and CSMkuat (momentum candles outside the bands)
• ReE – Re-Entry
• TPW – Take Profit Wajib (price returns to Mid BB after Extreme/MHV)
• FC – Full Cycle (Extreme → MHV → Re-Entry)
• ema50 – rejection of the EMA 50

Each signal type can be switched on or off individually.

Scanner panel

• Scans your chosen symbols (or the Market Watch list) on MN1, W1, D1, H4, H1, M15 and M5
• Shows the highest-priority signal per symbol and timeframe, green for buy and red for sell
• Priority order: FC > EXT > TPW > MHV > CSA > ReE > MA50
• “Signal MTF” column highlights the pattern (TF1 = ReE) > (TF2 = MA50) > (TF3 = EXT/MHV/ReE/FC)
• Click a symbol or timeframe to switch the chart instantly
• Panel can be minimized or closed
• Optional pop-up and push notifications when a new signal appears

Input parameters

• Buttons Width / Buttons Height – size of the panel buttons
• Scan Pairs on Market Watch – scan the symbols in your Market Watch
• Selected Pairs – comma-separated list of symbols to scan (use your broker’s exact symbol names)
• Max symbols – limit for Market Watch mode
• Filter Higher Time Frame – require the same direction across the timeframes in Signal MTF
• Font Size – panel text size
• Alert Signal / Push notification – alert on new scanner signals
• Show guidance – show the legend under the panel
• Panel position X / Y – panel location on the chart
• Scan interval (seconds) – how often the scanner refreshes
• Signal lookback (last N bars) – how many recent bars the scanner checks
• Show CSA in scanner – include CSA signals in the scanner
• Scan current bar – use the forming bar instead of the last closed bar
• BB Period, BB Deviation, EMA Period – indicator settings
• Chart Signals – switch each on-chart signal on or off
• Number of bars to label – how many recent bars get signal labels
• Line Indicator Color – colors for MA High/Low, EMA 50, Bollinger Bands and MA Shadow

Notes

• The indicator does not open or manage trades. It only displays information.
• Signals on the currently forming bar can change until the bar closes. By default the scanner reads the last closed bar.
• The scanner needs price history for each symbol and timeframe. Open those charts once, or scroll back, so MetaTrader can download the data.
• Scanner and multi-symbol features may not work in the Strategy Tester demo, because the tester only provides data for one symbol.
• This product is a technical analysis tool and not financial advice. Trading involves risk, and no results are guaranteed.