Standard Bollinger Bands ® indicator is based on simple moving average. This Bollinger MA Price indicator is more elastic in input parameters. It will allow you to use other moving averages, standard spectrum of applied prices and to calculate upper and lower lines more precisely with deviation as a double value.
This indicator is prepared based on Bollinger Bands, BB template. Several completed versions of Bollinger MA Price indicator are also prepared for those, who knows what moving average and price to use.
- 0 – Simple moving average,
- 1 – Exponential moving average,
- 2 – Smoothed moving average,
- 3 – Linear weighted moving average.
- 0 – close price,
- 1 – open price,
- 2 – high price,
- 3 – low price,
- 4 – median price,
- 5 – typical price,
- 6 – weighted close price.
MT4 Indicator Download – Instructions
Bollinger MA Price is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Bollinger MA Price provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Bollinger MA Price.mq4?
- Download Bollinger MA Price.mq4
- Copy Bollinger MA Price.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Bollinger MA Price.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Bollinger MA Price.mq4 is available on your Chart
How to remove Bollinger MA Price.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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