Bollinger and Envelope candle extremes
Indicator and Expert Adviser
EA Available in the comments section of this product.
Download with Indicator must have indicator installed for EA to work.
Mt5 indicator alerts for bollinger band and envelope extremes occurring at the same time.
- Buy signal alerts occur when
- A bullish candle has formed below both the lower bollinger band and the lower envelope
- Bar must open and close below both these indicators.
- Sell signal occur when
- A bear bar is formed above the upper bollinger band and upper envelope
- Bar must open and close above these indicators.
- Bollinger band period and deviation
- Envelope period and deviation
This indicator draws arrows only buy and sell,
does not draw bollinger and envelope onto the chart.