Bands 1.0

Metatrader Indicator (MT4/MT5)

  • Overview

    Bands is a multi-timeframe indicator designed to find overbought and oversold price areas, using a linear weighted moving average and ATR. And it implements a particularly useful twist: you can plot the bands of a higher timeframe in the current chart.

    • 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!

  • ? FAQ
    Does the indicator repaint?
    No, it does not!
    Can I see data from other timeframes?
    Yes, you can! Load the indicator and select a higher timeframe from the input parameters. You can, for example, see the H1 bands inside a M15 chart.
  • Comments

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Screenshots

Bands Indicator for Metatrader
Bands Indicator for Metatrader
Bands Indicator for Metatrader
Bands Indicator for Metatrader
Bands Indicator for Metatrader
Bands Indicator for Metatrader
Bands Indicator for Metatrader