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Dual Bermaui Deviation Percent

Dual Bermaui Deviation Percent


Or DBD%. The indicator is a signal based on two Bermaui Deviation Oscillator (BD%).

Bermaui Deviation Percent is a volatility index that measures volatility in percent rather than points. The idea of BD% is to make an index depending on Classic Standard Deviation (CSD) that moves between 0 and 100 percent. If you don't know more about BD% then please read the next bog:
https://www.mql5.com/en/blogs/post/718182

DBD% consist of two signal tapes, one is fast and the other is slow. A buy signal come when fast and slow are bullish. A sell signal come when both fast and slow are bearish.

Features

  1. The combination of two BD% with two different periods could help at catching the different market cycles.
  2. Using BD% as a trend filter is a great advantage because BD% work as filter for low volatility movements in the market.
  3. Signals appear at the first open after buy/sell conditions is met.
  4. Well-designed parameters to help user easily navigate between them.
  5. DBD% code is revised to make sure that it will not consume user's PC memory.
  6. DBD% arrows do not repaint or recalculate its results.
  7. DBD% send emails and push-notifications to mobile devices.

DBD% Parameters Map

(1) Indicator Settings

  • Fast DBD% Candles [Min=2]. Default is 50. Minimum is 2.
  • Slow DBD% Candles [Min=3]. Default is 55. Minimum is 3 and slow should be bigger than fast at least by one candle.
  • DBD% Sideway Level. Default 90%

(2) Arrows Settings

  • Show Arrows & Lines: Default is Show Arrows Only.
  • Arrows Size. Default is one.

(3) Indicator Style

  • DBD% Tape Width. Default is one.
  • Sideways Tape Color. Default is Orange.
  • Bullish Tape Color. Default is Green.
  • Bearish Tape Color. Default is Red.

(4) Alert & e-Mail Settings

  • Alert on New Arrow: Default is true.
  • Send e-Mail on New Arrow: Default is false.
  • Send Notification on New Arrow: Default is false.

I hope that BDB% help you at your trading. Please, contact me if you have any questions. I wish you good trading.

Kind regards

Muhammad Al Bermaui, CMT

diconium
101
diconium 2019.04.10 15:48 
 

Looks very promising so far