Custom bollinger bands indicator mt4. The purpose of Bollinger Bands is to provide a relative definition of high and low. By definition, prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions. The use.

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Introduction Video - Custom bollinger bands indicator mt4

Custom Bollinger Bands Indicator

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  • Bollinger Bands with customizable moving average method and applied price. Available moving average methods: Simple Exponential Smoothed Linear weighted. Available applied prices: Close price. Open price. High price. Low price. Median price. Typical price. Weighted price. MT4 Indicators – Download Instructions.

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