Sigma Bands – indikator for MetaTrader 4

Sigma Bands – indikator for MetaTrader 4

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A Bollinger band variant that offers more flexibility and accuracy.

In essence, this is an advanced version of the Bollinger Bands

Specifically, in this indicator I have studied the movement of the price for a certain number of bars (BarsCount = 200). For this purpose, the MA with a period of 1 was used (MAPeriod). For that matter, any MA and any number of bars could have been used for analysis. Som resultat, two channels will be plotted. One displays the limits where the price ranges 68% of the time for the specified number of bars. The other shows the limits where the price ranges 95% of the time for the specified number of bars.

The Sigma Bands with the default parameters is almost identical to the Bollinger Bands with the same period, equal to BarsCount. But this version has the ability to plot Bollinger Bands not only with any period by changing the BarsCount,but also to plot is based on the selected MA type with any period.

Supported MA types:

  • Simple MA
  • Exponential MA
  • Smoothed MA
  • Linear-weighted MA

Prices that can be used for plotting the channel:

  • Luk pris
  • åbent pris
  • The maximum price for the period (Høj)
  • The minimum price for the period (Lav)
  • Median price (høj + lav)/2,
  • Typisk pris (høj + lav + tæt)/3
  • Weighted close price (høj + lav + tæt + tæt)/4

All these settings are not available for the standard Bollinger Bands.

By learning how to determine the limits where any indicator or price ranges most of the time, I eneded up with making an example of calculating the standard deviation and Sigma implemented as this indicator. Its formulas can now be adapted for any indicator you like. Sometimes, interesting results can be obtained for indicators that are plotted in separate windows, for eksempel, the RSI, TVI or others.

anbefalinger:

The difference between conventional Bollinger Bands and Sigma Bands can be seen only when using non-default settings and MAPeriod > 1.

Indstillinger:

int MAPeriod = 1; // MA Period

int BarsCount = 200; // Bars for calculating the deviation (Sigma)

int TypeBandsMA = 0; // Type of MA for Bands

int TypePriceMA = 0; // Applied price of MA

color MAColor = clrNONE; // MA color

The analyzed MA is colorless by default. If you want to see it, set a color in the MAColor parameter.

 

MT4 Indikatorer – Download instruktioner

Sigma Bands – indikator for MetaTrader 4 er en Metatrader 4 (MT4) indikator og essensen af ​​forex indikator er at omdanne den akkumulerede historie data.

Sigma Bands – indikator for MetaTrader 4 giver en mulighed for at opdage forskellige særegenheder og mønstre i prisudviklingen, der er usynlige for det blotte øje.

Baseret på denne information, erhvervsdrivende kan antage yderligere prisbevægelser og justere deres strategi i overensstemmelse hermed.

How to install Sigma Bands – indikator for MetaTrader 4.mq4?

  • Download Sigma Bands – indikator for MetaTrader 4.mq4
  • Copy Sigma Bands – indikator for MetaTrader 4.mq4 til din Metatrader Register / eksperter / indikatorer /
  • Start eller genstart din Metatrader Client
  • Vælg Chart og Tidsramme hvor du ønsker at teste din indikator
  • Søg “Tilpassede Indikatorer” i din Navigator meste tilbage i din Metatrader Client
  • Right click on Sigma Bands – indikator for MetaTrader 4.mq4
  • Vedhæft et diagram
  • Rediger indstillinger eller tryk på ok
  • Indicator Sigma Bands – indikator for MetaTrader 4.mq4 er tilgængelig på din figur

How to remove Sigma Bands – indikator for MetaTrader 4.mq4 fra din Metatrader 4 Chart?

  • Vælg diagrammet hvor indikatoren kører i din MetaTrader Client
  • Højreklik i Chart
  • “Indikatorer liste”
  • Vælg indikator og slet

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Sigma Bands – indikator for MetaTrader 4

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