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GB - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 3 reads | 0 comments |

GB - indicator for MetaTrader 5

The GB indicator (Gaussian Bands) works in the same way as the standard indicator Bollinger Bands. But different from the former, it filters the center line and deviation line through the Gaussian method. It also has two offset lines on each side of the centerline.

It has five configurable parameters:

GB - indicator for MetaTrader 5


Attachment download

📎 gb.mq5 (17.29 KB)

Source: MQL5 #21162

GB - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

GB - 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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