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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 41922
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- Published:
- 2009.04.12 18:32
- Updated:
- 2014.04.21 14:53
-
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(Additional level of 50 added as requested.)
%BB is indicator comes from Bollinger Bands.
One of its use is to check the price is penetrate the upper/lower bands of Bollinger Bands.
Enjoy!
![Trend Indicator](https://c.mql5.com/i/code/indicator.png)
This indicator is used to show the trend of the 30 min charts. You can then apply your Long Strategy when the market is UP and Short Strategy when the market is DOWN.
![Bollinger Bandwidth 2](https://c.mql5.com/i/code/indicator.png)
This tool combines the original Bands with Bollinger Bandwidth and removes the extra window for Bollinger Bandwidth. Instead Bandwidth is now a value in the comment in the top left corner. This makes more efficient use of the chart space and still allow