Forex Wiki Trading > FX Ind > i-BandsPrice.mq4

i-BandsPrice.mq4

  • July 30, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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i-BandsPrice.mq4 [ ru | cn ]
Author: Talex (2008.10.01 09:37)
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Picture

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

The indicator was developed on the basis of the book J. Bollinger. "Bollinger on Bollinger Bands"

The interpretation is simple. The line of the indicator shows the position of the price in relation to the Bollinger Bands. The outing of the indicator line out of 0 or 1 means the outing out of the lower and the upper bands respectively.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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