Forex Custom BB Support Indicator
From the Old Kings archive: Forex Custom BB Support Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is support / resistance levels. In the code it works with Bollinger Bands. It has 10 settings, for example M1Period (default 20), M1Deviation (default 2) and M5Period (default 20). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Custom BB Support Indicator
Forex Custom BB Support Indicator is an indicator for MetaTrader 4 based on Bollinger Bands. It has 10 settings, such as M1 period, M1 deviation and M5 period. MQL source code included.
Files in the download: BB_Support.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| M1 period | 20 | Period or timeframe used by the calculation |
| M1 deviation | 2 | |
| M5 period | 20 | Period or timeframe used by the calculation |
| M5 deviation | 2 | |
| H1 period | 20 | Period or timeframe used by the calculation |
| H1 deviation | 2 | |
| D1 period | 20 | Period or timeframe used by the calculation |
| D1 deviation | 2 | |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Price ma | 6 |
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 · MT4 Indicator · MQL4 Source Code