Shows the levels of overbought/oversold based on the indicator Bollinger Bands©, as well as the cross on the average.

Aid supplementary to the indicator Bollinger Bands©, making it more understandable and reinforcing the multiple signals that this indicator provides.

Inputs

• Period

Author

Miguel Angel Vico Alba

Founder/CEO en Pathfinder Systems.

Research and development of algorithmic trading systems for metaQuotes Language (MQL). Management of private stock portfolios. MQL5.com Forum Moderator. In markets since 2008.