Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 35579
- Rating:
- Published:
- 2016.03.25 14:58
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
The most common and essential modification of Bollinger bands. Displays the standard deviation in a separate window, without disturbing the trading psychologically.
Bollinger Bands %b
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7165

In classical literature, the relative strength index is described as the "price-following oscillator that ranges between 0 and 100, and signals the market sentiment to change the trend at high (close to 100%) or low (close to 0%)...

Really useful channel indicator.