DBB - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The DBB oscillator charts the distance between price and the Bollinger Bands indicator line as two lines.
There are two display options:
This indicator has four configuration parameters:
Figure 1. Displayed as a percentage
Figure 2. Displayed in price points
Attachment download
📎dbb.mq5 (11.06 KB)
Source: MQL5 #21035
DBB - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
DBB - 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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