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.
Input parameters:
MA_method:
- 0 – Simple moving average,
- 1 – Exponential moving average,
- 2 – Smoothed moving average,
- 3 – Linear weighted moving average.
Applied_price:
- 0 – close price,
- 1 – open price,
- 2 – high price,
- 3 – low price,
- 4 – median price,
- 5 – typical price,
- 6 – weighted close price.
Recommended MT4/MT5 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
(Free MT4 Indicators Download)
Click here below to download: