MT5 / 014

Bollinger candle-body alerts

Overview

Bollinger candle-body alerts · MT5

Platform: MetaTrader 5 · Main chart

  • Calculation period: the number of bars used by the indicator.
  • Breakout mode: choose candle-body breakout or wick touch.
  • Timing: countdown or advance-notification interval in seconds.
  • Notification switch: controls alerts, popups or email. Email requires terminal configuration.
  • Alert bar: 0 is the current bar; 1 is the previous closed bar.

1. Indicator in use

Bollinger candle-body alerts · Indicator in use
Actual MT5 screenshot using offline demonstration data.Click the image to view full size

2. Parameter settings

Bollinger candle-body alerts · Parameter settings
MT5 runtime parameter display. Alerts and messages are disabled for the screenshot instance; product defaults are listed below.Click the image to view full size
ParameterDefaultHow to use
BOLL PerDefault20How to useCalculation period: the number of bars used by the indicator.
BOLL DevDefault2.5How to useCalculation period: the number of bars used by the indicator.
Parameter · Calculation periodDefaultEnabledHow to useCalculation period: the number of bars used by the indicator.
Breakout modeDefaultEnabledHow to useBreakout mode: choose candle-body breakout or wick touch.
Parameter · Calculation periodDefaultEnabledHow to useCalculation period: the number of bars used by the indicator.
Show countdownDefaultEnabledHow to useTiming: countdown or advance-notification interval in seconds.
Alert switchDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Normal (true) / advance (false) alertDefaultEnabledHow to useNotification switch: controls alerts, popups or email. Email requires terminal configuration.
Advance notice secondsDefault20How to useTiming: countdown or advance-notification interval in seconds.
Alert barDefault0How to useAlert bar: 0 is the current bar; 1 is the previous closed bar.

Installation and use

Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.

MT5 · Indicators

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Indicator file delivery with installation and usage guidance.

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