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MADBandPro Parameter Manual MADBandPro is a highly functional band tool that goes beyond the concepts of traditional Bollinger Bands and Keltner Channels and allows you to select the median or robust statistics (MAD: Median Absolute Deviation). In addition to the traditional MADBand, the Pro version also includes multi-timeframe (MTF) analysis and a comprehensive alert function. Below we will explain all the parameters and options in detail. 1. Main (basic settings) Timeframe Default
MAD Bands (Moving Average Deviation Bands) MAD Bands are intended to be used when you want to visually check the behavior of price volatility in relation to a moving average. MAD_Bands (MQL4 version) parameter description This document explains the MT4 parameter input screen for each setting item (input parameter). Group: Main (basic settings) Period Default : 20 Explanation : The number of candlesticks used to calculate the moving average (Mid) and band
MAD Bands (Moving Average Deviation Bands) MAD Bands are intended to be used when you want to visually check the behavior of price volatility in relation to a moving average. MAD_Bands (MQL5 version) parameter description This document explains the MT4 parameter input screen for each setting item (input parameter). Group: Main (basic settings) Period Default : 20 Explanation : The number of candlesticks used to calculate the moving average (Mid) and
This indicator was created as an MT4 version inspired by a TMA RSI Divergence indicator found on TradingView. This indicator detects both Regular and Hidden divergences using RSI pivot points, similar to TradingView's pivot-based divergence logic. -------------------------------------------------- Features -------------------------------------------------- • Regular Bullish / Bearish divergence • Hidden Bullish / Bearish divergence • Pivot-based detection (Left / Right bars) • Optional RSI SMMA
This indicator was created as an MT5 version inspired by a TMA RSI Divergence indicator found on TradingView. This indicator detects both Regular and Hidden divergences using RSI pivot points, similar to TradingView's pivot-based divergence logic. -------------------------------------------------- Features -------------------------------------------------- • Regular Bullish / Bearish divergence • Hidden Bullish / Bearish divergence • Pivot-based detection (Left / Right bars) • Optional RSI SMMA