Bollinger bands download

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Allow the use of cookies to log in to the MQL5. Please enable the necessary setting in your browser, otherwise you will not be able to log in. The following traits are particular to the Bollinger Band: abrupt changes in prices tend to happen after the band has contracted due to decrease of volatility.

The last observation is useful for forecasting price guideposts. Calculation: Bollinger bands are formed by three lines.

Purchase Checkout Added to cart. Close on middle Band: The trade will be closed if the middle Bollinger Band gets crossed. Note that this Metatrader Expert Advisor does not draw any indicator on the chart.

You do not understand all the functions? Take a look at our function glossary. This EA is not pre-optimized. Please read the article about optimization first. This indicator is like a plain Bollinger Bands indicator but including a notification system. You can be alerted via alert on screen, email, and mobile app if there is a breakout of the Bollinger Bands. The Bollinger Bands Alert Indicator can notify you in case of a price break out or when the price returns in the bands after a breakout.

The only parameters to set are the basic settings for the Bollinger Bands and how you would like to be notified. The notification happens only once per candle in case the breakout happens.

You can download MT4 Bollinger Bands Alert Indicator for free and receive notifications via email, app, and on-screen when the price breaks out of the Bollinger Bands or returns inside.