BB_OutsideCandle_Alert – indicator MetaTrader 5

Bollinger Bands Outside Candle Alert signal indicator displays the price breaking through Bollinger Bands, places signal labels, paints a signal candle and activates a signal message.

It has six input parameters:

  • BB period – Bollinger Bands calculation period
  • BB deviation – Bollinger Bands deviation value
  • BB line breakdown method
    • Opening inside, then closing outside – a signal candle is opened inside Bollinger Bands and closes outside
    • Opening and closing outside – a signal candle is opened and closed outside Bollinger Bands
  • Show bands – display Bollinger Bands (Yes/No)
  • Show signal candles (Yes/No)
  • Use alerts – display signal messages (Yes/No)
  RSI trader v0.15 - EA MetaTrader 5

If the “Show signal candles” is set to Yes, the candle that broke through Bollinger Bands is colored:

  • Bullish candle – green
  • Bearish candle – orange



https://www.mql5.com/ru/code/22925

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