Adaptive bollinger bands indicator mt4

Adaptive Bollinger Bands indicator MT4

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Adaptive Bollinger Bands is an advanced Bollinger Bands technical indicator for MT4 Forex trading. Adaptive Bollinger Bands can change the look back period dynamically based on current Forex market condition. Adaptive Bollinger Bands adapts to the Forex market changes as much as possible. Adaptive Bollinger Bands is more advanced than traditional Bollinger Bands.

Main features

6 adaptive methods in one indicator!
7 moving average method. Simple, exponential, smoothed, linear weighted, volume weighted, double EMA, and triple EMA.
7 applied price types. Beside 6 MetaTrader price types: close, open, high, low, median, typical, and weighted, John Ehlers RSI smoothing is also supported.
No repaints, no recalculation.
Automatically determines the best period of Bollinger Bands to adapt to the current market conditions.
Works with 4 and 5 digits brokers.
High quality. The indicator is written in C++ and is a part of my ftap project.

How is the look back period

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