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Fresh: Metatrader 4 Indicators | i-BandsWidth.mq4 | Trading Tool Update

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

Recover from drawdowns intelligently with the Auto Recovery Expert Advisor for MT4/MT5. Perfect for hedging strategies. Learn more.

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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