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  • Comments (4)
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Bollinger Bands OnOff MT4

5

The Bolliger Bands On-Off let you control the indicator using the keyboard or a button. You can choose if you want the indicator always shown or always hided while switching among different time frames or financial instruments. --->  This indicator is part of Combo Indicator OnOff

The Bollinger Bands identify the degree of real-time volatility for a financial instruments. A lower amplitude corresponds to a low volatility, conversely a greater bandwidth corresponds to high volatility. Narrowing bands indicate an upcoming breakout in the underlying asset, conversely when the bands widen it is indicative of an upcoming movement.

The Bollinger Bands indicator is composed by three  lines: the upper  and lower  band and a simple moving average. The upper and lower band are obtained respectively by adding and subtracting the standard deviation from the moving average N (default=2) times. The central band is given by the moving average that has 20-periods as default. The Sma is the original moving average used by John Bollinger when he developed the indicator.

Upper Band= SMA+2Sdt

Middle Band= SMA

Lower Band= SMA-2Sdt


The Bollinger Bands OnOff provides also the possibility of using different averaging method: Exponential, Smoothed, Linear weighted compared to the original Simple average.

The MA can be highlighted with different colors to spot the up/down trend


Input

  • It is possible to setup the period, the shift and different Ma color depending on the trend
  • You can choose the averaging method: Simple, Exponential, Smoothed, Linear weighted
  • You can choose their colors, the style  and the the width
  • It is possible to shut down the button and setup your favorite keys to on-off the indicator
  • It is possible to customize the button: the position on the screen, the size, the colors and the label



Reviews 4
zofesu
350
zofesu 2023.04.30 20:56 
 

Practical

Mr.
421
Mr. 2022.09.02 21:22 
 

Hi sir im loving all of your indicator work sir. Can you please add changing colors if uptrend or downtrend for the ma middle band please sir. sorry for the late reply sir i was the one who purchased the pivot and im loving it too.

But there is a bug in the indicator when i turn off bollinger band, then 3 colors are changed. like the upper band color changes into the central SMA color, and the central SMA color changes into the lower band color.

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IX Power finally brings the unbeatable precision of FX Power to all your trading symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can analyse everything your terminal has to offer. Try it out and experience how your timing improves significantly when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
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Better Volume OnOff MT4
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The Better Volume indictator improves the comprehension on volume by coloring the classical histogram bars . The colors point out differents nature of volume . The Better Volume OnOff   allows to  open/close the subwindow   through  a botton   or using the keyboard   only.  There is the possibility to customize 3 symbols  and assign them  different parameters   for each time frame . The indicator   improves the comprehension   on volume by coloring the classical histogram bars : CLIMAX UP -
MultiCharts Symbols Changer MT5 Lite
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5 (1)
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This utility can compare simultaneously time frames of different instruments and keep under control   the nine major time frames  of an instrument. It is composed by two changers, a crosshair and some additional components : the  multicharts time frames changer   is designed to  compare  simultaneously  up to thirty time frames  of different symbols with the  keyboard or the button the multicharts symbols changer can  link up to nine charts and control simultaneously the nine major time frame b
High Low Time Frame Levels MT5
Fabrizio Malavasi
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The utility helps to locate in the  lower time frames  the maximum and minimum of the upper  time frame.  The length of time frame level line  represents the temporal  length of the upper time frame. It's possible to OnOff the levels with a button or keys The indicator draws lines that delimit the upper time frames candle and highlights his high-low price and the pips candle range. How it works: Firstly . Choose which time frames levels to represent in the lower ones : monthly, weekly, da
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xlxAxlx
942
xlxAxlx 2024.08.22 06:51 
 

User didn't leave any comment to the rating

Erin Jonason
62
Erin Jonason 2024.02.24 08:05 
 

User didn't leave any comment to the rating

zofesu
350
zofesu 2023.04.30 20:56 
 

Practical

Mr.
421
Mr. 2022.09.02 21:22 
 

Hi sir im loving all of your indicator work sir. Can you please add changing colors if uptrend or downtrend for the ma middle band please sir. sorry for the late reply sir i was the one who purchased the pivot and im loving it too.

But there is a bug in the indicator when i turn off bollinger band, then 3 colors are changed. like the upper band color changes into the central SMA color, and the central SMA color changes into the lower band color.

Reply to review
Version 1.3 2024.05.20
- Added the possibility to choose between different moving averages method: Simple, Exponential, Smoothed, Linear weighted
Version 1.2 2022.09.05
- Updated section 'Central Sma': added diffent colors to spot up/down trend
- minor bug fixes
Version 1.1 2021.12.17
- Removed in the input the bool that always on/off the indicator