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Exclusive Bollinger is a professional indicator based on your own famous Bollinger Bands indicator, but using a more sophisticated algorithm.

contrary to the normal Bollinger, my Exclusive Bollinger provides better signs and is outfitted with flexible settings, that allows traders to correct this indicator to their trading style. The indicator is able to set up notifications (alert, email, telephone), which will help you to not miss a trading signal.

Exclusive Bollinger variant for the MetaTrader 4 terminal: https://www.mql5.com/ru/market/product/24336.

  • The indicator is ideal for scalping;
  • Gives a minimum of false signals;
  • Suitable for beginners and experienced traders;
  • Works on any timeframe;
  • It works on any financial instruments: FOREX, CFD, binary options;
  • Does not redraw;
  • Sending signals to your email and mobile phone.

EURGBP, GBPJPY, AUDNZD, EURCHF, EURUSD.

Sell signal: the price has crossed the upper line of the indicator (see screenshot 1, entry points are marked with circles).

Buy signal: the price has crossed the lower line of the indicator.

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The indicator is best suited for intraday trading, on a timeframe from M1 to H1.

  • Period – the key parameter responsible for the averaging period for calculating the indicator;
  • Deviation – the number of standard deviations from the main line;
  • Alert – enable or disable the Alert. If true-enabled, false-disabled;
  • Email enables or disables sending messages to email. If true-enabled, false-disabled;
  • Push enables or disables sending messages to your mobile phone. If true-enabled, false-disabled;
  • Type of signal – this setting is responsible for the moment when the signal is sent for Alert, Email and Push. Type of signal takes the values current bar (sending a message when a signal appears on the current bar) or last bar (sending messages when a signal appears on the last bar);
  • clrupper – color of the upper line of the indicator;
  • clrlower – color of the bottom line of the indicator;
  • clraverage – color of the middle line of the indicator;
  • Width – the thickness of the lines.

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Published

12 September 2017

Updated

Current Version

3.0

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faithdefender January 12, 2021 5:35 pm
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Was not pleased with results. Not certain how others did nicely with a costly BB?

TomiFkg January 12, 2021 5:35 pm
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The Consumer did N’t leave a comment on the Evaluation

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