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- 2018.05.28 14:12
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Bollinger Bands consist of a N-period Moving Average (MA), an Upper Band at K times an N-period standard deviation above the Moving Average (MA + Kσ), and a Lower Band at K times an N-period standard deviation below the Moving Average (MA − Kσ).
This version does not use standard deviation for Upper and Lower Bands, but uses the EMA deviation. That makes it faster in the response to market volatility.
![Rainbow Oscillator - Binary](https://c.mql5.com/i/code/indicator.png)
Based on Mel Widner's Rainbow Average (that is similar to Guppy MMA), here is a binary version of Rainbow Oscillator.
![Rocket RSI](https://c.mql5.com/i/code/indicator.png)
The "RocketRSI" indicator by John F. Ehlers. Used to indicate strong probabilities of cyclical reversals.
![BB Stops - EMA Deviation](https://c.mql5.com/i/code/indicator.png)
This version of BB Stops changes uses EMA deviation for calculation.
![Synthetic VIX](https://c.mql5.com/i/code/indicator.png)
Synthetic VIX indicates the increase or decrease of volatility and it should be used as that.