Download MT5 Bollinger Bands Alert Indicator For Free and receive notifications via Email, App and On Screen when the price breaks out of the Bollinger Bands or returns in.
What Are The Bollinger Bands
The Bollinger Bands is a very popular indicator that can help in finding trading opportunities.
Bollinger Bands are helpful to monitor the volatility of the price and spot big price movements.
The Bollinger Bands indicator includes 3 elements:
- A moving average
- An upper band representing the sum of the moving average plus the price standard deviation
- A lower band where the value is the moving average minus the price standard deviation
MT5 Bollinger Bands Alert Indicator
The Metatrader 5 platform includes the Bollinger Bands between its indicators, however this comes without any notification feature.
In many cases it is useful to get a notification when the price breaks out of the bollinger bands or when it returns in, these situations mean there could be a trading opportunity.
You can benefit from this alert in both Trend Following and Trend Reversal strategies.
To repair to this missing feature, you can here Download MT5 Bollinger Bands Alert Indicator.
This indicator allows you to receive alerts when a possible trading signal triggers. You can receive notifications via:
- Mobile App
- On Screen
Another interesting feature of the MT5 Bollinger Bands Alert Indicator is that it can draw Buy and Sell signals in the shape of arrows when the break-out / in happens.
MT5 Bollinger Bands Alert Indicator Installation
To install the MT5 Bollinger Bands Alert Indicator please follow the instructions below:
- Download the indicator file
- Open the Metatrader Data Folder (In File > Open Data Folder)
- Open the MQL5 Folder
- Copy the file in the Indicators Folder
- Restart Metatrader
For more detailed instruction on how to perform the installation please visit this article.
Please feel free to leave a feedback regarding the indicator or Contact Us for anything else.