Forex Double Bollinger Bands MT4 Indicator

Forex Double Bollinger Bands MT4 Indicator:

About the Forex Double Bollinger Bands MT4 Indicator

This indicator is adding two sets of Bollinger Bands.

The “Double Bollinger Bands” trading strategy can help the trader find out and validate trend-based opportunities in especially volatile market conditions, explains Kathy Lien.

More information, please get more explained by Kathy Lien in her Youtube.

Double Bollinger Bands is one of the best method of following a trend.

Bands Period: 20
Bands Deviations 1: // Bollinger Bands as BB1
Bands Deviations 2: // Bollinger Bands as BB2
PipGAP: //X number of pip. Alert if current high(low) price is over current upper/lower band.
Bollinger Bands Alert: //by All BB or BB1 or BB2
Telegram channel: input your channel
Telegram bot token: your bot token

Test results:

Forex Double Bollinger Bands 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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