BBflat sw

BBflat sw

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A simple interpretation of the Bollinger Bands indicator in a separate window.

Indicator input parameters:

//+-----------------------------------+
//| Indicator input parameters        |
//+-----------------------------------+
input Smooth_Method XMA_Method=MODE_SMA; // Method of averaging
input int XLength=100;                   // Depth of averaging
input int XPhase=15;                     // Parameter of averaging
input int BandsPeriod=100;               // Period of BB averaging
input double BandsDeviation = 2.0;       // Deviation
input Applied_price_ IPC=PRICE_CLOSE;    // Price constant
input int Shift=0;                       // Horizontal shift of the indicator in bars

This indicator was first implemented in MQL4 and published in Code Base on 07.05.2008.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.

 

MT5 Indicator – Download Instructions

BBflat sw is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

BBflat sw provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install BBflat sw.mq5?

  • Download BBflat sw.mq5
  • Copy BBflat sw.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on BBflat sw.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator BBflat sw.mq5 is available on your Chart

How to remove BBflat sw.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

BBflat sw

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