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Multiple Bollinger Bands Deviation Lines

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61672
Forum: 38 · Topic 61672 · 1 post(s)


Multiple Bollinger Bands Deviation Lines

Alexander.Gettinger · Tue Jan 06, 2015 11:43 am

Original LUA indicator: viewtopic.php?f=17&t=1319.

Formulas: U1 = MA+d, L1 = MA-d, U2 = MA+2d, L2 = MA-2d, U3 = MA+3d, L3 = MA-3d, U4 = MA+4d, L4 = MA-4d, where MA - moving average with [Length] number of periods and [Method] type, d = Deviation*StdDev, StdDev - standard deviation.

MBBD_MQL.PNG

Download:

MBBD.mq4