Indicator GB (Gaussian Bands) works in the same manner as standard indicator Bollinger Bands. However, unlike the former, it performs filtering centerline and deviation lines by Gaussian method. It also has two deviation lines on each side of the centerline.
It has five configurable parameters:
- Period – calculation period;
- Deviation period – deviations calculation period;
- First multiplier – a multiplier for the first level of deviations;
- Second multiplier – a multiplier for the second level of deviations;
- Applied price – price used for calculations.
MT5 Indicators – Download Instructions
GB MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
GB MT5 Indicator 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. Click here for MT5 Strategies
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How to install GB MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download GB MT5 Indicator.mq5
- Copy GB MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on GB MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator GB MT5 Indicator.mq4 is available on your Chart
How to remove GB MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
GB MT5 Indicator (Free Download)
Click here below to download:
