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Bollinger-Bands Break-Out Arrow

DESCRIPTION: Bollinger-Bands Break-Out Arrow is an indicator that show BUY arrows in the chart whenever the PRICE is crossing (has crossed) the LOWER Bollinger-Band(15,3,3) downward and show SELL arrows whenever the PRICE is crossing (has crossed) the UPPER Bollinger-Band(15,3,3) upward. This arrow is with Sound Alert, Email and Push_Notification Alerts.

TIMEFRAME & EXPIRY: The Time-frame used in this example was M1 and the Expiry was 15 candles.


[~] QuantBars: Number of bars to be calculated by the indicator.
#### Bollinger Bands Settings ####
[~] BB_Period: 
Bollinger-Bands period, (e.g. 15)
[~] BB_Dev: Bollinger-Bands deviation, (e.g. 3)
[~] BB_Shift: Bollinger-Bands shift, (e.g. 3)
[~] Apply_to: Price type in which BB will apply to, (e.g. Close Price)
#### Arrow Settings ####
[~] ArrowType: 
 On_Current_Candle: The arrow will show up as soon as the Price crosses the UPPER/LOWER bands while the candle is still forming (The signals repaint sometimes because of the current Bollinger-Band movement). On_Next_Candle: The arrow will show up only at the start of the new candle after confirmed Price Breakout the Upper/Lower Bands by the end of the previous candle (The signals do not repaint, because the cross is confirmed by the fixed BB value at the end of the previous candle).
[~] Expiry: Arrows expiry time calculated by number of bars.
[~] ArrowsDisplacement: Distance between the price and the arrows.
[~] ArrowsUpCode: BUY Arrows Symbol.
[~] ArrowsDnCode: SELL Arrows Symbol.
[~] Show_WinLoss_Symbols: Enable/Disable showing the WIN/LOSS symbols in the chart.
#### Arrow Settings ####
[~] Send_Email:
Send Alerts to email.
[~] Audible_Alerts: Sound Alerts on the chart.
[~] Push_Notifications: Send Alerts to Mobile.


Thanks for your support. Regards, Hicham Benkaihoul


DOWNLOAD: Bollinger-Bands_Break-Out_Arrow.ex4

Category: BUY/SELL Arrow Indicators | Views: 220 | Added by: Binary-Hacker | Rating: 5.0/1
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