You can change period and sigma ratio (Proper size of Deviation is 0.5~1.0).
Bollinger Bands 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.
Notify Icon - library MetaTrader 5 This library provides every MQL program with a separate icon in the notification area of the Windows taskbar. The library…
MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
Creating fractals in MQL5 using… Introduction There are many programs, allowing the creation of self-similar sets, defined by Iterated Function System (IFS). See, for example,…
MQL Plus Enhanced Debugging… Features Features three domains of functionality. - Debugging, Tracing and Performance measurments - Simple to use "Print any variable" to…
Daylight changes (summer time) -… Get the time of the daylight change, (start/end of the summer time). Daylight Saving Time (DST) changes do not necessarily…
Function library and Experts for… The algorithm for maintaining and closing a position is known to be almost more important that the rules for opening…
Bollinger Bands ® - indicator… Bollinger Bands ® technical indicator (BB) is similar to Envelopes. The only difference is that the bands of Envelopes are…
