Are you looking to level up your trading game? The 2 Moving Averages with Bollinger Bands indicator for MetaTrader 5 (MT5) is your go-to tool! This custom indicator marries two powerful trading strategies: moving average crossovers and Bollinger Bands, giving you the edge you need in the market.
📌 Key Features:
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✅ Configurable Moving Averages: Tailor your fast and slow moving averages with customizable periods, methods (SMA, EMA, SMMA, LWMA), and applied prices.
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✅ Buy and Sell Signals: Get real-time arrows on your chart! A Buy signal pops up when the fast MA crosses above the slow MA, while a Sell signal appears when it crosses below.
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✅ Alerts System: Never miss a beat with chart alerts, sound notifications, and even email alerts!
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✅ Bollinger Bands Integration: Visualize volatility with upper, middle, and lower bands that you can customize to fit your strategy.
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✅ Versatility: Works seamlessly on any symbol and timeframe, making it suitable for scalping, swing trading, or trend-following strategies.
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✅ Reliable Logic: Clean, non-repainting signals based on closed candles to ensure you’re making informed decisions.
📊 Use Case:
This indicator is designed to help you pinpoint potential trend reversals and entry points through moving average crossovers while keeping an eye on volatility and price channels using Bollinger Bands. It works great on its own or can be paired with additional indicators like RSI or CCI for a more robust trading setup.
⚙️ Input Settings Overview:
- MA1 Settings (Fast MA): Period, Method, Price
- MA2 Settings (Slow MA): Period, Method, Price
- Bollinger Bands Settings: Period, Deviation, Shift, Style, Width, Price
- Alerts: Enable/Disable chart, sound, or email alerts
⚠️ Disclaimer:
While this indicator is a powerful tool, it doesn’t guarantee winning trades. Always practice good risk management and thoroughly test your strategies. Remember, the developer is not responsible for any financial losses.
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