Forex Bollinger Bands Grid MT4 Indicator

Forex Bollinger Bands Grid MT4 Indicator:

About the Forex Bollinger Bands Grid MT4 Indicator

It’s a simple but useful tool for creating a grid based on Bollinger Bands.

Only 2 parameters can be set:

1) “Period” – the period of all visible Bollinger Bands (i.e. 4) and 1 Moving Average (axis of all Bollinger Bands),

2) “Deviations Distance” – the distance between Bollinger Bands.

Naturally, the colors of all 9 lines can be changed as desired.

It works with everything that is available in your Market Watch.

Test results:

Forex Bollinger Bands Grid MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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