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PZ Bollinger Trend MT5

A personal implementation of the famous Bollinger bands indicator as a trend following mechanism, which uses a moving average and the standard deviation to define what a trend is and when it changes. Bollinger bands are usually used as an oversold/overbought indicator only, but in my opinion, the trading approach is more complete using the trend variant as an exit strategy. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to trade
  • Customizable colors and sizes
  • It is non-repainting and non-backpainting
  • It is fantastic as a trailing stop method
  • It implements alerts of all kinds


Settings

When loading the indicator to any chart, you will be presented with a set of options as input parameters. Do not despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  • Period - MA period of Bollinger bands.
  • Deviation - standard deviation for Bollinger bands.
  • Max History Bars - past bars to draw when the indicator loads.
  • Drawing Settings - colors and sizes for arrow objects.
  • Alerts - enable/disable alerts of all kinds, or set a custom alert text.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


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    PZ TRADING SLU
    5 (4)
    Göstergeler
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    Yury Orlov
    4.44 (126)
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    Issam Kassas
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    Jing Bo Wu
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    Bernhard Schweigert
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    Marzena Maria Szmit
    5 (5)
    Göstergeler
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    Italo Santana Gomes
    4.9 (10)
    Göstergeler
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    Relicus LLC
    5 (17)
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    Blahtech Limited
    4.54 (13)
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    PZ TRADING SLU
    3 (5)
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    Daniel Stein
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    Bogdan Ion Puscasu
    4.71 (49)
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    Thapelo Kapwe
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    Franck Martin
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    Barend Paul Stander
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    PZ TRADING SLU
    5 (4)
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    PZ TRADING SLU
    3 (5)
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    PZ Candlestick Patterns MT5
    PZ TRADING SLU
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    PZ Goldfinch Scalper EA MT5
    PZ TRADING SLU
    Uzman Danışmanlar
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    PZ TRADING SLU
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    PZ TRADING SLU
    5 (3)
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    PZ TRADING SLU
    2 (4)
    Uzman Danışmanlar
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
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    PZ TRADING SLU
    4.8 (5)
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    PZ TRADING SLU
    3.67 (3)
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    PZ Wolfe Waves MT5
    PZ TRADING SLU
    Göstergeler
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    PZ Candlestick Patterns
    PZ TRADING SLU
    Göstergeler
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    PZ Supply Demand MT5
    PZ TRADING SLU
    Göstergeler
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    PZ TRADING SLU
    1 (4)
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    PZ Market Depth
    PZ TRADING SLU
    Göstergeler
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    PZ Turtle Trading EA
    PZ TRADING SLU
    Uzman Danışmanlar
    This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
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    PZ TRADING SLU
    3.33 (3)
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    PZ TRADING SLU
    1 (1)
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    PZ Harmonacci Patterns
    PZ TRADING SLU
    3.17 (6)
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    PZ Oscillator
    PZ TRADING SLU
    Göstergeler
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    PZ Turtle Trading
    PZ TRADING SLU
    5 (3)
    Göstergeler
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    PZ Binary Options
    PZ TRADING SLU
    Göstergeler
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    PZ Lopez Impulse
    PZ TRADING SLU
    Göstergeler
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    PZ Market Sentiment
    PZ TRADING SLU
    Göstergeler
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    PZ Absolute Gains
    PZ TRADING SLU
    Göstergeler
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    PZ ABCD Retracement
    PZ TRADING SLU
    4 (5)
    Göstergeler
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    PZ Supply Demand
    PZ TRADING SLU
    3 (2)
    Göstergeler
    Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
    PZ Correlation
    PZ TRADING SLU
    5 (1)
    Göstergeler
    In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
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