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Smart Bands Scanner Ind

Smart Bands Scanner Ind — MT5 indicator, supplied with source code and a compiled file. Source metadata: ID 6760 | Smart Bands Scanner Ind Algorithm: BOLLINGER_PERCENT_B Declared inputs include: CatalogId, SourceTimeframe, FastPeriod, SlowPeriod, SignalPeriod, Lookback, MaxBars, BullThreshold, BearThreshold, ArrowOffsetPoints. Description extracted from the supplied source metadata. Compilation compatibility, runtime behavior and trading results have not been independently verified.

Indicator · MT5 · v1.00 · Free

About Smart Bands Scanner Ind

Smart Bands Scanner Ind is an indicator for MetaTrader 5 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart. It has 10 settings, such as Catalog id, Source timeframe and Fast period. MQL source code included.

Files in the download: Smart_Bands_Scanner_Ind_MT5.mq5, Smart_Bands_Scanner_Ind_MT5.ex5.

Settings

SettingDefaultWhat it does
Catalog id6760
Source timeframePERIOD_CURRENTPeriod or timeframe used by the calculation
Fast period21Period or timeframe used by the calculation
Slow period46Period or timeframe used by the calculation
Signal period7Period or timeframe used by the calculation
Lookback45
Max bars2000
Bull threshold54.0
Bear threshold46.0
Arrow offset points27

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
  3. Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
  4. Open the .mq5 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Dashboards & Scanners · Buy/Sell Arrows · MACD · RSI · Stochastic · Moving Average · Bollinger Bands · MT5 Indicator · MQL5 Source Code

MetaTrader 4 & 5 indicators · PolyMaria