Double Bollinger Bands Channel Alert
- 指标
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Nguyen Thanh Trieu
我是一名软件开发者,也是一名交易员。我为 MetaTrader 5 开发实用的交易工具,这些工具我自己每天也在用。
方向主要包括市场结构、价格行为逻辑、风险可视化,以及各类自定义指标和实用工具。
我看重干净的代码、稳定的执行和清晰的图表。每款产品只解决一个具体问题,不承诺收益。
我始终认为,工具的作用是帮你更快看清行情、做出判断,而不是替你做决定。
所有产品都由我本人独立开发、测试和维护。如果你有自己的交易想法,或需要定制开发,欢迎私信我聊聊。 - 版本: 1.0
Trading in volatile markets often creates uncertainty between genuine trend continuation and false breakouts.
When price moves quickly, monitoring multiple standard deviation bands manually can clutter execution timing.
Double Bollinger Bands Channel Alert provides a structured two-band framework to identify trend momentum zones and pullback continuation levels with clarity.
What it shows:
Outer Bands (Deviation 2.0) = Volatility boundaries highlighting strong trend expansion.
Inner Bands (Deviation 1.0) = Dynamic support and resistance defining pullback continuation zones.
Center Baseline = 20-period Simple Moving Average representing fair market value.
Buy Zone = Area between Upper Band 1.0 and Upper Band 2.0 (strong upward trend momentum).
Sell Zone = Area between Lower Band 1.0 and Lower Band 2.0 (strong downward trend momentum).
Neutral Zone = Range between Upper Band 1.0 and Lower Band 1.0 (consolidation and mean reversion).
How to read it:
Trend Momentum: Price candles closing consistently inside the Buy Zone or Sell Zone confirm active trend strength.
Pullback Continuation: In a confirmed trend, price pulling back to test the Inner Band (Dev 1.0) and rejecting back into the trend zone offers structured continuation entries.
Trend Exhaustion: Price falling back into the Neutral Zone indicates fading momentum or consolidation.
Alert mechanisms:
Customizable PipGAP: Define an exact pip threshold beyond the bands to filter market noise before triggering notifications.
Flexible Trigger Modes: Choose between monitoring All Bands, Inner Band 1 only, or Outer Band 2 only.
Multi-channel delivery: Receive instant alerts via Terminal Popup with sound, MT5 Mobile Push notifications, Email, or direct Telegram bot messages.
Signal stability:
When bar-close confirmation is enabled, alerts fire strictly upon candle close to prevent repainting. Historical bands reflect confirmed closing data.
Best fit:
Assets: Forex pairs, Gold (XAUUSD), Indices, and Crypto.
Timeframes: M5 to H4 for intraday and swing trend analysis.
Trading style: Trend-following, pullback entries, and breakout volatility monitoring.
What it does NOT do:
It does not execute trades automatically.
It does not guarantee future price direction.
It serves as an analytical indicator to support disciplined manual and semi-automated decision-making.
Core settings:
Bands Settings: Period (default 20), Deviations 1 (1.0), Deviations 2 (2.0), Shift, Applied Price.
Alert Threshold: PipGAP buffer, Trigger mode (All BB / BB1 / BB2), Alert on bar close.
Notifications: Terminal Popup, Mobile Push, Email, Telegram WebRequest (Token & Channel ID).
Support:
Questions or setup assistance? Feel free to reach out via my MQL5 profile.
