Kirshenbaum Bands - MetaTrader 5 Scripts | Trading Script Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Unlike the original version, you can choose 1 of 4 averages to plot instead of just using the EMA. Average values that can be used are:
It is used in a similar way to Bollinger Bands
Attachment download
📎 kirshenbaum_bands.mq5 (9.84 KB)
Source: MQL5 #24322
Kirshenbaum Band - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
Kirshenbaum Band - MetaTrader 5 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 only on titles or short-term profit descriptions.
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