Icarus BolliBand Change Display Indicator

Icarus Bolli-Band Change Display(TM) Indicator is a simple, but highly effective tool for visually identifying areas where the all-important 'Bollinger Band' values are in a state of expansion, contraction of neither.

The traditional Bollinger Bands have been widely applied to trading charts globally since their creation by John Bollinger several decades ago.

One of the limitations of the traditional Bollinger Bands is the ability to clearly identify when the bands are in fact expanding or contracting. This market environment indication is a critical element of any effective signal or strategy, particularly when overlaying other indicators for added confluence. 

The Icarus BolliBand Change Display Indicator provides a clear visual indication of when the market environment is in an expansion, contraction or neutral phase. 

The Indicator has a full range of optimisable inputs, allowing users to identify settings that best suit their trading style, instruments and preferred timezones. 

Optimisable and Customisable inputs include:

  • Bolli Periods, providing for a precise setting of duration and sensitivity. 
  • Bolli width, providing the fully adjustable standard deviation mark
  • Expansion Lookback, allowing users to adjust the distance back in time the % of expansion will compare. This feature allows users to ensure the best possible fit for different timeframes and instrument differences
  • Expansion % threshold, allowing users to identify allowable limits of expansion, to assist in clearing out 'noise' within the Bolli-Band conditions
  • Contraction Lookback, allowing users to adjust the distance back in time the % of contraction will compare. This feature allows users to ensure the best possible fit for different timeframes and instrument differences
  • Contraction % threshold, allowing users to identify allowable limits of contraction, to assist in clearing out 'noise' within the Bolli-Band conditions

Full colour and intensity customisation is also build in, ensuring every trader's preferred template style is most well suited. 

For users who prefer a chart without the clearly defined BolliBand Change Display shading, the on/off feature allows these elements to be removed and replaced with a coloured control-line only.

The BolliBand Change Display Indicator is an integral part of many Icarus Signal automated strategies, across FX, commodities and equities. It applies equally well to shorter timeframes as with longer timeframes, with customisation ensuring the best possible fit for your trading style.

The combination of the Bolli-Band Change Display Indicator with other indicators, including the suite of Icarus Indicators can be a powerful tool in your trade development arsenal. 

With the Icarus Reversals Indicator and Icarus Continuation Indicator both having in-built Bolli-Band code overlay, users have the opportunity to perfectly fit the combination of Icarus Indicator parameters to meet their preferred trading style and instrument types. 

If you have any questions or would like additional information, please don't hesitate to contact the Icarus team via the MQL5 community, or via email at: team@icarussignals.com.

YouTube Tutorial Video coming soon!

Yours in trading confidence

Icarus Signals



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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
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Alexey Minkov
4.68 (69)
Scalper Inside PRO Scalper Inside PRO is an intraday trend and scalping indicator that uses exclusive built-in algorithms to evaluate market direction and key target levels. The indicator automatically calculates entry and exit points and several profit target levels, and it shows detailed performance statistics, so you can see how different instruments and strategies behaved on historical data. This helps you select instruments that fit current market conditions. You can also connect your own a
BTMM State Engine Pro is a MetaTrader 4 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
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Bernhard Schweigert
4.43 (7)
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Vahidreza Heidar Gholami
3.5 (6)
MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
No Skam
Abdulkarim Karazon
NO SKAM Ok İndikatoru NO SKAM Ok İndikatoru, performans hedeflerinize göre sinyal üretimini ve TP/SL seviyelerini otomatik olarak ince ayar etmek için tasarlanmış kendini optimize eden bir işlem göstergesidir. Yüzlerce parametre kombinasyonunu manuel test etmek yerine, gösterge optimizasyon hedeflerinize en uygun ayarları arar, örneğin: Minimum Kazan Oranı Maksimum Kayıp Serisi Minimum Ticaret Sayısı Pozitif net kâr Bu, tüccarların manuel optimizasyondan saatler—hatta günler—tasarruf etmesini
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Relicus LLC
4.65 (107)
RelicusRoad Pro: Kantitatif Piyasa İşletim Sistemi ÖMÜR BOYU ERİŞİMDE %70 İNDİRİM (SINIRLI SÜRE) - 2.000+ TRADER'A KATILIN Neden çoğu trader "mükemmel" indikatörlere rağmen başarısız olur? Çünkü tekil kavramları boşlukta trade ederler. Bağlamı olmayan bir sinyal kumardır. Sürekli kazanmak için KONFLÜANS (UYUM) gerekir. RelicusRoad Pro basit bir ok indikatörü değildir. Tam bir Kantitatif Piyasa Ekosistemi dir. Tescilli volatilite modellemesini kullanarak fiyatın ilerlediği "Adil Değer Yolu"nu har
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Enigma scalper fx
Yonny Pascal Ekwa Mezui
Enigma Scalper Pro Overview Enigma Scalper Pro is a multi-filter breakout indicator designed to help traders identify high-probability trading opportunities by combining price action with multiple technical confirmations. The indicator uses a proprietary 3-Bar Breakout pattern together with optional Higher Timeframe, Bollinger Bands, RSI, and EMA filters to reduce low-quality signals and improve trade accuracy. How It Works The indicator waits for a valid breakout and confirms it using the selec
Gann Kare Göstergesi, W.D. Gann tarafından yazılan "Piyasa Tahminleri için Matematiksel Formül" makalesine dayalı güçlü bir piyasa analizi aracıdır. Bu araç, piyasa analizi için matematiksel ve Gann teorilerini kullanarak hassas analizler gerçekleştirir. 144, 90, 52 karelerini ve ayrıca 9 karesini kullanır. Ayrıca, 'ın 9 karesi ve bu kareyle ilişkili kanallar ve yıldız modelleri için yöntemini içerir. Kullanıcı Kılavuzu ve Uygulama: Bu göstergeleri kullanmadan önce, kullanıcı kılavuzunu okumanız
Adaptive Trend Support & Resistance Pro Turn Trends into Trading Opportunities Adaptive Trend Support & Resistance Pro is an advanced trend-following indicator that dynamically transforms into support and resistance zones based on market direction. When the market enters an uptrend, the indicator automatically switches to green and creates dynamic support levels. Price often retraces toward these levels before continuing higher, helping traders identify high-probability trend continuation oppor
GOLD Impulse with Alert
Bernhard Schweigert
4.67 (12)
Bu gösterge, 2 ürünümüz Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics  'in süper bir kombinasyonudur. Tüm zaman dilimleri için çalışır ve 8 ana para birimi artı bir Sembol için grafiksel olarak güç veya zayıflık dürtüsünü gösterir! Bu Gösterge, Altın, Egzotik Çiftler, Emtialar, Endeksler veya Vadeli İşlemler gibi herhangi bir sembol için para birimi gücü ivmesini göstermek için uzmanlaşmıştır. Türünün ilk örneğidir, Altın, Gümüş, Petrol, DAX, US30, MXN, TRY, CNH vb. içi
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The Icarus Reversals(TM) FREE Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator (FREE version) generates long and short trade signals, which can be customised for key inputs and colourisation. Settings of the Icarus Reversals FREE h
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The Icarus Signals Continuation(TM) Indicator is a simple, but highly effective tool for identifying strong price trends, both long and short, across all time-frames and instrument types.  The Icarus Continuation Indicator allows users to plot individual markers for each bar, when price has extended into a high-probability trend area, after a set level of extension. The Continuation Indicator   allows users to fully optimise   each of the unique Icarus settings to best fit a particular trading s
The Icarus Reversals(TM) Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator generates long and short trade signals, which can be customised for all inputs, allowing for the complete optimisation fitted to any trader or investor style
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