Bands ‣ MetaTrader Trading Robots

Fractal Bands – indicator for MetaTrader 4

Following a modelisation of the price variation by Fractional Brownian Motion, this indicator increases the width the Bollinger Bands in order to avoid (or minimize) false signals (of entry or exit). For a more complete explanation, please see my blog: Here is what this indicator looks like for a speed of the FRASMA ( set

Fractional Bands – indicator for MetaTrader 4

Fractional Bands uses a modelisation of price variation by a Fractional Brownian Motion, that incorporates the consideration of the Fractal dimension, contrary to the Bollinger Bands, which are based on a Wiener Brownian Motion (a particular case of the Fractional Brownian Motion). They also use a different equation from the Fractal Bands ( This difference,

Bollinger Bands ® rev. by Jurik – indicator for MetaTrader 4

Popular indicator “Bollinger Bands” with revisited algorithm by Jurik theory. Bollinger Bands ® rev. by Jurik – indicator for MetaTrader 4

Min/Max Bands – indicator for MetaTrader 4

Author: Julien Loutre This indicator allows you to visualize the Lowest Low and the Highest High for the last X bars. I use it to calculate the value of the Trailing Stop on my orders. Screenshot: Screenshot, with Period = 20 on M1 Min/Max Bands – indicator for MetaTrader 4

Bollinger Bands ® – indicator for MetaTrader 5

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

KoliEr Bands, Bollinger Bands ® – indicator for MetaTrader 4

Author: KoliEr Li ( KoliEr Bands give you a step by step view for support and resistant levels. If Bollinger Bands is Batman, KoliEr Bands is Robin. Use them together. Red and solid lines is KoliEr Bands. Blue and dot lines is Bollinger Bands Logic: Use the average value of the highest and lowest price

True Range Bands – indicator for MetaTrader 4

The indicator can be used at any time frames The Following input parameters can be easily changed: nPeriod = 13; Deviation = 1.618; MaShift = 0; Image: True Range Bands – indicator for MetaTrader 4

An Expert Advisor, based on Bollinger Bands ® – expert advisor for MetaTrader 5

This Expert Advisor is based on Bollinger Bands. It uses trend-following strategy (DEMA) and Bollinger Bands ® indicator. It shows a stable profit in Strategy Tester during last 17 years (EURUSD M30).The Strategy: Open long position: DEМА is growing up and white (bull) candle crossed the Lower Bollinger Band from below to above. Open short

Adaptive Moving Average with Bollinger Bands ® – indicator for MetaTrader 5

Real author: Portions from MetaTrader 5 Standard indicator package. The indicator shows the trend and allows to see a price range.It based on Adaptive Moving Average (AMA) and Bollinger Bands ® (BB) indicators. Adaptive Moving Average with Bollinger Bands ® – indicator for MetaTrader 5

Emilio Super Bands – indicator for MetaTrader 4

Author: Emilio Reale is a friend of mine and asked me to post the code, he is an experienced traded that calculate this bands in metastock, I converted his code to MetaTrader 4. The idea behind this band was originally for the calculation of the correct level of the stop loss in a breakout strategy,