Bands EAs, indis, scripts & libraries

Bollinger Bands with pre outer band smoothing – indicator MetaTrader 5

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Bollinger Bands with pre outer band smoothing - indicator for MetaTrader 5
The premise of this Bollinger Bands indicator is that the outer bands can be individually controlled via smoothing. Changing the smoothing period on the upper band does not have to reflect any change on the lower band, and likewise changing the smoothing period on lower band does not have to reflect any change on the

Bollinger Bands with post outer band smoothing – indicator MetaTrader 5

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Bollinger Bands with post outer band smoothing - indicator for MetaTrader 5
Another offshoot of the Bollinger Bands. The concept of post smoothing on the outer bands is to smooth the upper and lower band individually after the standard deviation calculation has taken place. This can provide a very smoothed upper and lower band. The smoothing of the upper band doesn’t have to reflect a change on

Custom Bollinger Bands – indicator MetaTrader 5

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I developed this indicator to provide an alternative to the standard moving average methods in the MetaTrader 5 Bollinger Bands indicator, which only offer the ‘simple’ method. With my indicator, users have the option to select from additional methods including Exponential, Smoothed, and LinearWeighted. To utilize this indicator, you need to place it in a

Fractional Bands – indicator MetaTrader 4

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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 ® – indicator MetaTrader 5

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Bollinger Band indicator
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