It is a super trend indicator (you can find it here (even a non-repainting version)) : https://www.mql5.com/en/forum/general
And I would not believe the 30% punch line. Since CCI is the basis of super trend, it is not a bad indicator, but whoever claims that it is doing the "30% monthly profit" does not know anything about trading or what kind of a risk is necessary for a monthly 30%
i do not mean this indicator but i mean the indicator its have a red lines looks like bolinger bands indicator
BBands_stop_V1
Hi all,
I believe this indicator is BBands_Stop_V1 (Bollinger Bands).
Regards.
BBands_stop_V2
Hi all ,
With BBands stop V1 ,we can choose for deviation 1,2,3 only (integer).
With V2 it is better :we can choose decimal ,0.5 , 0.66 ,1.32 ................
For example picture with 0.66 deviation .
Regards.
yes that is supertrend indicator
this indicator using MA....like babusalam
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i need to know if some one see this indicator around . it gain 30% monthly profit . just follow its lines and i Explain how it works in charts i know this way from some one in net and he give me the method without indicator