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  • İncelemeler (8)
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PZ Bollinger Trend MT5

4.88

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.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

    Author

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


    İncelemeler 8
    PichaiPraphas
    67
    PichaiPraphas 2024.07.25 04:40 
     

    GREAT~!

    Detleff Böhmer
    2641
    Detleff Böhmer 2023.06.22 16:19 
     

    Gut gemacht!

    WILDTOMATO12
    14
    WILDTOMATO12 2023.06.11 14:05 
     

    greatest!!

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    Georgios Kalomoiropoulos
    Göstergeler
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    PZ TRADING SLU
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    PZ TRADING SLU
    4 (1)
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    Filtrele:
    PichaiPraphas
    67
    PichaiPraphas 2024.07.25 04:40 
     

    GREAT~!

    Detleff Böhmer
    2641
    Detleff Böhmer 2023.06.22 16:19 
     

    Gut gemacht!

    WILDTOMATO12
    14
    WILDTOMATO12 2023.06.11 14:05 
     

    greatest!!

    James Erasmus
    1045
    James Erasmus 2023.04.22 17:30 
     

    Great product, keeps the bar high for developers this is quality. Sure accuracy is not great when market consolidates, needs to be combined with another indi to solve that. A superb contributor, many thanks

    V1ctor
    65
    V1ctor 2023.02.01 08:00 
     

    Хороший. Спасибо.

    63390699 Kong
    20
    63390699 Kong 2022.10.03 00:39 
     

    How can debugging effectively avoid the problem of hysteresis? 请问如何调试能有效避免滞后性的问题呢？

    KATTY2010
    196
    KATTY2010 2022.07.10 23:09 
     

    buena

    fangliu1
    44
    fangliu1 2021.12.29 17:46 
     

    This is a perfect indicator. I love it and thank you.

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