Bollinger Bands and Envelope Candle Extremes - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The Mt5 indicator alerts on simultaneous Bollinger Bands and Envelope extremes.
Enter variables.
This indicator only plots buy and sell arrows,
Bollinger Bands and Envelopes are not plotted on the chart.
https://www.mql5.com/en/users/paultraderone/seller
Attachment download
📎bb_envelope_indicator.mq5 (7.8 KB)
Source: MQL5 #38905
Bollinger Bands and Envelope Candle Extreme Values - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Bollinger Bands and Envelope Candle Extreme Values - 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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