## Multiple Bollinger Bands Deviation Lines

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### Multiple Bollinger Bands Deviation Lines

Multiple Bollinger Bands Deviation Lines

Multiple Bollinger Bands Deviation Lines Options

Multiple Bollinger Bands Deviation Lines Options

This version of the BB indicator has several parameters
Number of periods
Standard parameter defines the time frame for calculating the moving average, required for B.B.

Number of deviations Line Shown
Define, How many deviation lines (pairs), we want to draw.

Number of standard deviations between Lines
Number of standard deviations between the lines.
Default value is 1.

Example.
If this parameter is set to 1.4 then the indicator draw lines,
1.4, 1.8, 3.2 ... standard deviations from the value of moving average for the period

The color of the lines are set automatically.

Oh yes, the indicator has one limitation.
You can draw only 100 lines

The last update I added a not Bullinger, option.
Along with standard deviation, I added a shift of moving averages.
Style options added.

MBBD.lua
(5.57 KiB) Downloaded 931 times

Rainbow

Apprentice
FXCodeBase: Confirmed User

Posts: 20629
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Multiple Bollinger Bands Deviation Lines

Yet again, you all rock

zekelogan
FXCodeBase: Confirmed User

Posts: 56
Joined: Sun Jan 10, 2010 2:45 pm

### Re: Multiple Bollinger Bands Deviation Lines

Wow. Speechless.
zekelogan
FXCodeBase: Confirmed User

Posts: 56
Joined: Sun Jan 10, 2010 2:45 pm

### Re: Multiple Bollinger Bands Deviation Lines

Hi Apprentice,
Is it possible to develop a MMBD with different types of mean calculation (like SMA, LWMA, etc)?

Thanks

Gustavo
gcardo

Posts: 15
Joined: Sat May 29, 2010 11:57 am

### Re: Multiple Bollinger Bands Deviation Lines

Thanks again !

Cheers
gcardo

Posts: 15
Joined: Sat May 29, 2010 11:57 am

### Re: Multiple Bollinger Bands Deviation Lines

The last update I added a not Bullinger, option.
Along with standard deviation, I added a shift of moving averages.
Style options added.

Apprentice
FXCodeBase: Confirmed User

Posts: 20629
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Multiple Bollinger Bands Deviation Lines

MQL4 version of Multiple Bollinger Bands Deviation Lines: viewtopic.php?f=38&t=61672.
Alexander.Gettinger
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Posts: 3579
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

### Re: Multiple Bollinger Bands Deviation Lines

The indicator was revised and updated.

Apprentice
FXCodeBase: Confirmed User

Posts: 20629
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

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