Bollinger_Bandwidth_Delta - MetaTrader 5 Script - MT4/MT5 Resources
The Bollinger Band Bandwidth Delta Oscillator displays the relative width of the Bollinger Bands over a specified time period.
There are five inputs:
BBD = 100.0 * (Bandwidth-DeltaBandwidth) / DeltaBandwidth
- point:
BBD = (Bandwidth-DeltaBandwidth) / Points
Where:
Bandwidth = 2.0 * BB Deviation * StdDev/MA DeltaBandwidth - Bandwidth delta value before the "Period" bar StdDev - Standard deviation (applied price, BB period) MA = SMA (applied price, BB period)
Figure 1. Bollinger Band Bandwidth Increment (in points)
Figure 2. Bollinger Bands Bandwidth Increment (%)
Attachment download
📎bollinger_bandwidth_delta.mq5 (11.12 KB)
Source: MQL5 #22342
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