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Midpoint Bands

Midpoint Bands is a channel-like indicator that draws two lines on the chart - an upper band and a lower band, pointing out possible reversal levels.


This is one of the indicators used in the Sapphire Strat Maker - EA Builder.


Sapphire Strat Maker - EA Builder: https://www.mql5.com/en/market/product/113907


The bands are simply calculated like this:


Upper Band = (HighestHigh[N-Periods] + LowestHigh[N-Periods])/2 

Lower Band = (LowestLow[N-Periods] + HighestLow[N-Periods])/2

Middle Line = (Upper Band + Lower Band)/2


If you find any bugs, feel free to contact me or leave a comment.



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Sapphire Strat Maker Alt   is an EA builder ( Expert Advisor Builder) . With it you can easily create new strategies and optimize them to find the bests parameters to improve your results at maximum. The objective is to bring the capabilities of MQL5 to everyone, even if you don't know how to code. Check out   the Pro Version   clicking here - Sapphire Strat Maker . With this Expert Advisor you can create strategies by combining the indicators provided by the EA. A few of the functionalities a
FREE
Simple Candle Countdown
Emanuel Cavalcante Amorim Filho
Simple candle countdown - never again miss how much time is left to open a new bar! This indicator doesn't plot any line on the chart - it uses only objects and calculates the time left to open a new bar. You can set custom colors for the panel background and border and for the text color. Simple as that, the indicator is ready to use. If you find any bugs, feel free to contact me. 
FREE
Sapphire Strat Maker
Emanuel Cavalcante Amorim Filho
Sapphire Strat Maker  is an EA builder ( Expert Advisor Builder or Strategy Maker)  designed to make the creation of trading strategies easier . The goal is to provide the most intuitive, functional and fast environment to test and execute new strategies. Check out the free version here - Sapphire Strat Maker Alt . With this Expert Advisor you can create thousands of strategies by combining the indicators (30+ indicators are available) provided by the EA or by using custom indicators. A few of t
Emerald EA Builder
Emanuel Cavalcante Amorim Filho
Welcome to Emerald - EA Builder! Emerald - EA Builder is a simple, effective, fast and powerful expert advisor for you to build and automatize your strategies in Metatrader 5 for every single financial instrument (forex, stocks, futures). Blog posts about the EA: FAQ - Frequently Asked Questions  (latest update: jun 25, 2024) Emerald EA Builder - An introduction to a strategy maker If you don't know how to code, this EA simplifies the process and let's you create as many strategies as yo
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