Индикаторы Bollinger Bands Для Metatreder

Bollinger Bands ® technical indicator (BB) is similar to Envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it. Standard deviation is a measure of volatility, therefore Bollinger Bands adjust themselves to the market conditions. When the markets become more volatile, the bands widen and they contract during less volatile periods.

Bollinger Bands are usually plotted on the price chart, but they can be also added to the indicator chart. Just like in case of the Envelopes, the interpretation of the Bollinger Bands is based on the fact that the prices tend to remain in between the top and the bottom line of the bands. A distinctive feature of the Bollinger Band indicator is its variable width due to the volatility of prices. In periods of considerable price changes (i.e. of high volatility) the bands widen leaving a lot of room to the prices to move in. During standstill periods, or the periods of low volatility the band contracts keeping the prices within their limits.

The following traits are particular to the Bollinger Band:

• abrupt changes in prices tend to happen after the band has contracted due to decrease of volatility;
• if prices break through the upper band, a continuation of the current trend is to be expected;
• if the pikes and hollows outside the band are followed by pikes and hollows inside the band, a reverse of trend may occur;
• the price movement that has started from one of the band’s lines usually reaches the opposite one.
  

The last observation is useful for forecasting price guideposts.

Bollinger Band indicator

Calculation:

Bollinger bands are formed by three lines. The middle line (ML) is a usual Moving Average.

The top line (TL) is the same as the middle line a certain number of standard deviations (D).

The bottom line (BL) is the middle line shifted down by the same number of standard deviations.

where:

• SUM (, N) - sum over N periods;
• CLOSE - close price;
• N - number of periods used in calculation;
• SMA - Simple Moving Average;
• SQRT - square root;
• StdDev - standard deviation:
  

It is recommended to use period Simple Moving Average as the middle line, and plot top and bottom lines two standard deviations away from it. Besides, moving averages of less than 10 periods are of little effect.

Bollinger Bands Stops Indicator for MT4

The Bollinger Bands Stops Indicator is a versatile tool designed to help traders make informed decisions in the financial markets. Developed for the MetaTrader 4 (MT4) platform, this indicator provides valuable insights by visually representing the Bollinger Bands along with stops and signals.

Key Features:

• Bollinger Bands Analysis: The indicator incorporates Bollinger Bands, a widely used technical analysis tool. These bands help traders identify potential price trends, volatility levels, and potential reversal points.

• Stop Levels: The Bollinger Bands Stops Indicator goes beyond traditional Bollinger Bands by indicating specific stop levels. These stops are dynamically adjusted based on market conditions, providing traders with potential exit points for their positions.

• Signal Generation: The indicator also offers signals that can assist traders in making timely decisions. Whether you're looking for stop placements or entry points, the signals generated by this indicator offer valuable guidance.

• Customizable: Traders have the flexibility to customize the indicator's parameters according to their preferences and trading strategies. Adjust the length, deviation, risk factor, and other settings to align with your trading style.

• User-Friendly Interface: The indicator is user-friendly and can be easily added to your MT4 charts. It features color-coded visual elements that help traders quickly identify trends, stops, and signals.

How to Use:

1. Install the Indicator: Simply add the "Bollinger Bands Stops" indicator to your MetaTrader 4 chart to start benefiting from its insights.

2. Interpret the Bollinger Bands: The Bollinger Bands visually represent potential price movement ranges. When the price reaches the outer bands, it may indicate overbought or oversold conditions.

3. Utilize Stop Levels: The dynamically adjusted stop levels provide potential exit points for your trades. These stops can be especially valuable for managing risk and protecting profits.

4. Follow Signals: Pay attention to the signals generated by the indicator. They can help you identify potential entry and exit points based on the interactions between price and the Bollinger Bands.

5. Customize as Needed: Adjust the indicator's settings to align with your trading strategy and risk tolerance. Experiment with different parameters to find what works best for you.

The "Bollinger Bands Stops" Indicator offers traders a comprehensive toolset for technical analysis and decision-making. Incorporate it into your trading routine to gain insights that can enhance your trading strategy.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always practice responsible risk management and consider seeking professional advice.

The Bollinger Bands indicator is very well known by traders. Is one of the indicators always available in the MetaTrader 4 platform, however, there is an issue. MetaTrader 4/5 doesn't have any function to alert the trader about a breakout. This is why we created the Bollinger Bands Breakout Alert Indicator for MT4/MT5.

What Is Bollinger Bands Breakout Alert Indicator for MetaTrader

Many traders rely on the Bollinger Bands as a tool to confirm entry and exit signals. Also Many strategies are based on Bollinger Bands breakouts, bounces and so on.

The problem with MetaTrader is that it doesn't have a system to alert the trader when a breakout of the Bollinger Bands happens.

To fill this gap I created the Bollinger Bands Breakout Alert Indicator for MT4 (and MT5). This indicator is like a plain Bollinger Bands indicator but including a notification system. You can be alerted via alert on screen, email, and mobile app if there is a breakout of the Bollinger Bands.

The Bollinger Bands Alert Indicator can notify you in case of a price break out or when the price returns in the bands after a breakout.

Bollinger Bands Breakout Alert Indicator Parameters

The Bollinger Bands Breakout Alert Indicator for MT4/MT5 has very few parameters so that it can be useful as well as easy to use.

The only parameters to set are the basic settings for the Bollinger Bands and how you would like to be notified. The notification happens only once per candle in case the breakout happens.

MT4 Bollinger Bands with Alert

You can download MT4 Bollinger Bands Alert Indicator for free and receive notifications via email, app, and on-screen when the price breaks out of the Bollinger Bands or returns inside.

What Are the Bollinger Bands

The Bollinger Bands is a very popular indicator that can help in finding trading opportunities.

Bollinger Bands are helpful to monitor the volatility of the price and spot big price movements.

The Bollinger Bands indicator includes 3 elements:

• A moving average
• An upper band representing the sum of the moving average plus the price standard deviation
• A lower band where the value is the moving average minus the price standard deviation

MT4 Bollinger Bands Alert Indicator

The MetaTrader 4 platform includes the Bollinger Bands between its indicators, however this comes without any notification feature.

In many cases it is useful to get a notification when the price breaks out of the Bollinger Bands or when it returns in, these situations mean there could be a trading opportunity.

You can benefit from this alert in both trend following and trend reversal strategies.

To repair to this missing feature, you can download MT4 Bollinger Bands Alert Indicator here.

This indicator allows you to receive alerts when a possible trading signal triggers. You can receive notifications via:

• Email
• Mobile app
• On-screen

Another interesting feature of the MT4 Bollinger Bands Alert Indicator is that it can draw Buy and Sell signals in the shape of arrows when a break-out actually happens.

MT4 Bollinger Alert Indicator Source Code

If you are interested in seeing the source code of the indicator and to see what I use to build my indicators please check out my MT4 Alert Indicator Template.

MT4 Bollinger Bands Alert Indicator Installation

To install the MT4 Bollinger Bands Alert indicator please follow the instructions below:

1. Download the indicator archive file.
2. Open the MetaTrader 4 data folder (via File→Open Data Folder).
3. Open the MQL4 Folder.
4. Copy all the folders from the archive directly to the MQL4 folder.
5. Restart MetaTrader 4 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

For more detailed instruction on how to perform the installation please visit this article.

MT5 Bollinger Bands with Alert

You can download MT5 Bollinger Bands Alert Indicator for free and receive notifications via email, push-notifications, and on trading screen when the price breaks out of the Bollinger Bands or returns inside.

Bollinger Bands are helpful to monitor the volatility of the price and spot big price movements.

MT5 Bollinger Bands Alert Indicator

The MetaTrader 5 platform includes the Bollinger Bands between its indicators, however this comes without any notification feature.

In many cases it is useful to get a notification when the price breaks out of the Bollinger Bands or when it returns in, these situations mean there could be a trading opportunity.

You can benefit from this alert in both trend following and trend reversal strategies.

To fix to this missing feature, you can download MT5 Bollinger Bands Alert Indicator here.

This indicator allows you to receive alerts when a possible trading signal triggers. You can receive notifications via:

• Email
• Mobile App
• On-screen

Another interesting feature of the MT5 Bollinger Bands Alert Indicator is that it can draw Buy and Sell signals in the shape of arrows when a break-out actually happens.

MT5 Bollinger Bands Alert Indicator Installation

To install the MT5 Bollinger Bands Alert Indicator please follow the instructions below:

1. Download the indicator archive file.
2. Open the MetaTrader 5 data folder (via File→Open Data Folder).
3. Open the MQL5 Folder.
4. Copy all the folders from the archive directly to the MQL5 folder.
5. Restart MetaTrader 5 or refresh the indicators list by right-clicking the Navigator subwindow of the platform and choosing Refresh.

Conclusion

This indicator is a simple yet useful tool that you can integrate in your trading, don't miss out!

Discussion

Do you have any suggestions or questions regarding this indicator? You can always discuss Bollinger Bands with Alert with other traders and coders on our forums.