Mt4 bollinger bands without ma

Mt4 bollinger bands without ma

Posted: Hodinar On: 26.06.2017

The indicator is built in four variants with different amount of levels for different application cases. The indicator is built with the use of universal smoothing with two averagings and a possibility to select each of these averagings from the dozen of possible variants:.

It should be noted that Phase1 and Phase2 parameters have completely different meaning for different smoothing algorithms. For T3 it is a smoothing ratio multiplied by for better visualization, for VIDYA it is a CMO oscillator period and for AMA it is a slow EMA period.

mt4 bollinger bands without ma

For AMA fast EMA period is a fixed value and is equal to 2 by default. The ratio of raising to the power is also equal to 2 for AMA.

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mt4 bollinger bands without ma

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mt4 bollinger bands without ma

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