Input parameters

• MA_Period (default = 49) — the period of the standard moving average (central line).
• MA_Shift (default = 0) — horizontal shift for all lines on the chart.
• MA_Method (default = Simple) — the method for MA drawing.
• Percentage (default = 2) — number of percents to vertically shift the upper and lower bands compared to the central line.

The best way to use this indicator is to attach it to EUR/USD H4 chart (example shown above) and to sell when the price reaches upper band and to buy when the price reaches lower band. Moderate stop-loss level is advised in both cases as the price can sometimes break those levels or the lines may change directions suddenly.