Bollinger Bands 2 MA and ZigZag - MetaTrader 5 Expert - MT4/MT5 Resources
Idea from : SEOLINK74 .
MQL5 code by : Balabashka Kong .
The Expert Advisor uses the indicator iBands (Bollinger Bands, BB), two iMAs (Moving Averages, MA) from different time frames, and the custom indicator ZigZag.
Testing EURUSD, first half of 2016:
Attachment download
📎 bollinger_band_two_ma_and_zig-zag.mq5 (71.66 KB)
Source: MQL5 #21300
Bollinger Bands 2 MA and ZigZag - MetaTrader 5 Expert Usage and Screening Advice
Bollinger Bands 2 MA and ZigZag - MetaTrader 5 Expert is a resource related to Forex indicators. 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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