Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.

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The parameters are the same with the Bollinger Bands plus I added smoothing.
BandsPeriod - Period
BandsShift - Shift
BandsDeviations - Deviation from the main line
Slow - Smoothing
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The indicator was developed on the basis of the book J. Bollinger. "Bollinger on Bollinger Bands"
The indicator shows the difference between the upper and lower Bollinger Bands.
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