Bands 1.0

Metatrader (MT4/MT5) Indicator

"Cash combined with courage in a time of crisis is priceless."
- Warren Buffet
PZ Bands is a multi-timeframe indicator designed to find overbought and oversold price areas, using a linear weighted moving average and ATR.
  • Find overbought and oversold situations
  • Read data from higher timeframes easily
  • The indicator displays data at bar opening
  • The indicator is non-repainting
Trading implications are simple.
  • Look for shorts when the price exceeds the upper bands.
  • Look for longs when the price falls below the lower bands
  • Dive into lower timeframes without losing values!
Boost your trading returns with a great overbought/oversold bands indicator, just like hundreds of users have already done!


Frequently Asked Questions
Does the indicator repaint?
Can I see data from other timeframes?