Customized Bollinger Bands - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources
The original code comes from Bands.mq4 of MetaQuotes Software Corp.
Bollinger Bands features customizable moving average methods and applied prices.
Available moving average methods:
Attachment download
📎 custom_bands.mq4 (6.94 KB)
Source: MQL5 #13893
Customized Bollinger Bands - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Customized Bollinger Bands - MetaTrader 4 Script | Trading Script Download - MT4/MT5 resources are trading script related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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