iBBands_HTF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Bollinger band drawing using the DRAW_SECTION style is a common method for drawing ZigZag.
The time range for calculation can be set in the input parameters. That's why this unusual painting style is used.
Figure 1 iBBands_HTF indicator
Attachment download
📎ibbands_htf.mq5 (9.17 KB)
Source: MQL5 #1093
iBBands_HTF - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
iBBands_HTF - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator 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 only on titles or short-term profit descriptions.
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