Forex Better Bollinger Bands Trading Strategy
Forex Better Bollinger Bands Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to Bollinger Bands. Its source code uses moving averages and CCI. It can send alerts. It has 4 settings, for example Fast EMA (default 12), Slow EMA (default 26) and Signal EMA (default 9). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 8 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Better Bollinger Bands Trading Strategy
Forex Better Bollinger Bands Trading Strategy is an indicator for MetaTrader 4 based on Moving Average and CCI. It can alert you with a pop-up, sound, email or push message. It has 4 settings, such as Fast ema, Slow ema and Signal ema. MQL source code included.
Files in the download: !XPS v8 TRENDBARS.ex4, !XPS v8 TRENDBARS.mq4, Better Bollinger bands.ex4, Better Bollinger Bands.tpl, installation manual.txt, MACD 2Line.ex4, MACD 2Line.mq4, PBF_Squeeze.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal ema | 9 | |
| Shift hrs | 5 | Pivot day shift |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Bollinger Bands · Alerts · Moving Average · CCI · MT4 Indicator · MQL4 Source Code