Standard_Deviation_Channels_x3_Cloud – indicator MetaTrader 5

Real author: Stajer59

Three standard deviation channels using indicator buffers based on the number of bars defined in the indicator inputs with the channels’ background filling.

//+--------------------------------------------+
//|  INDICATOR INPUT PARAMETERS                |
//+--------------------------------------------+
input uint N_=240;        // number of candles for analysis
input double StdDev1=1.0; // first channel deviation
input double StdDev2=1.5; // second channel deviation
input double StdDev3=2.0; // third channel deviation
input int Shift=0;        // horizontal shift of the indicator in bars
input int PriceShift=0;   // vertical shift of the indicator in points


Fig1. Indicator Standard_Deviation_Channels_x3_Cloud


https://www.mql5.com/ru/code/22895

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks