Sigma Bands

# Sigma Bands

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Саҳм

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. Дар натиҷа, 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 toBarsCount. But this version has the ability to plot Bollinger Bands not only with any period by changing theBarsCount,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:

• Close price
• Open price
• The maximum price for the period (баланд)
• The minimum price for the period (паст)
• Median price (баланд + паст)/2,
• Typical price (баланд + паст + наздик)/3
• Weighted close price (баланд + паст + наздик + наздик)/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, барои намуна, the RSITVI or others.

Тавсияњо:

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

Танзимот:

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.

Sigma Bands is a Metatrader 4 (MT4) нишондињанда ва моҳияти нишондиҳандаи асъори аст барои табдил додани маълумоти таърих ҷамъ.

Sigma Bands provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Дар асоси ин иттилоот, тоҷирон метавонанд ҳаракати нархи минбаъдаи фарз ва мувофиқ кардани стратегияи худ, мувофиқан.

How to install Sigma Bands.mq4?

• Copy Sigma Bands.mq4 to your Metatrader Directory / Коршиносони / Нишондиҳандаҳои /
• Оғози ё бозоғоз Metatrader мизољон шумо
• Интихоб кунед Диаграммаи ва Мўҳлати ҷоеро, ки мехоҳед барои озмудани нишондиҳандаи шумо
• Кофтуков “Нишондиҳандаҳои одати” дар Navigator худ асосан дар Metatrader мизољон худро тарк
• Right click on Sigma Bands.mq4
• Замима ба нақшаи
• Тағир додани танзимоти ё Хуб-ро пахш
• Indicator Sigma Bands.mq4 is available on your Chart