Forex Bollinger Bands Reversal Binary Options Strategy
Forex Bollinger Bands Reversal Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to Bollinger Bands and reversals against the current move. Its source code uses an oscillator. It draws arrows on the chart. It has 2 settings, for example Risk (default 3) and Arrows Gap (default 1.0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Bollinger Bands Reversal Binary Options Strategy
Forex Bollinger Bands Reversal Binary Options Strategy is an indicator for MetaTrader 4 based on Oscillator. It draws buy and sell arrows on the chart. It has 2 settings, such as Risk and Arrows gap. MQL source code included.
Files in the download: Bollinger Bands Reversal with Platinum.tpl, installation manual.txt, PLATINUM.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Risk | 3 | Risk per trade (percent of balance) |
| Arrows gap | 1.0 |
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 · Binary Options · Buy/Sell Arrows · Oscillator · MT4 Indicator · MQL4 Source Code