The indicator draws a Moving Average, as well as bullish and bearish areas built using Bollinger Bands calculated based on this Moving Average.

It has five input parameters:

• Period of MA calculation - MA calculation period;
• Method of MA calculation - MA calculation method;
• Applied price of MA - price used for the MA calculation;
• Period of BB calculation - Bollinger Bands calculation period;
• Deviation of BB - Bollinger Bands deviation.