MTF Bollinger Bands – Free Indicator

Rated 4.00 out of 5 based on 1 customer rating
(1 customer review)

The MTF Bollinger Bands indicator is an indicator that I implemented for my personal use.

It’s purpose is to show the Bollinger Bands from different timeframes to help find the dynamic levels of support and resistance.

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Description

The MTF Bollinger Bands indicator is an indicator that I implemented for my personal use.

I developed it because I wanted to visualize the Bollinger Bands from other (higher) timeframes and without leaving the current chart.

Furthermore it would help me to find the dynamic levels of support and resistance.

Usage

Just choose the timeframe you desire on the configuration window that is automatically placed on the chart (named “MTF BBands“) and the indicator will do the rest.

The checkboxes are used to show/hide the different Bollinger Bands and allow for a cleaner reading of the price chart without requiring to change the current timeframe.

MTF-BBands

MTF-BBands

 

Settings

MTF BBands Settings

MTF BBands Settings

The configurations for the MTF Bollinger Bands indicator allow you to change:

  • the period of the Bollinger bands
  • the shift of the Bollinger Bands
  • the deviations of the Bollinger Bands
  • the line style, line width and line color for the different bands:
    • Upper band
    • Main band
    • Lower Band

 

Disclaimer

Please contact me, if you’re not completely satisfied after using the MTF Bollinger Bands indicator.

I’ll do my best to address whatever issues you may have.

Since I am also a user of all my tools, I’ll be glad to hear your suggestions / improvements.

I am always striving to make them even better for everyone.

1 review for MTF Bollinger Bands – Free Indicator

  1. Rated 4 out of 5

    Taufiq

    Hello Carlos,

    Thank you for sharing your indicators and knowledge.

    I like this MTF Bollinger Bands. Can I have only D1, H4 and H1 Bands but without the Panel?
    Would you please code that simplest version?

    Thank you very much & wish you all the best.

    • cv4ever

      Hi Taufiq

      Sure I can. However without the panel how are you going to choose the different bands?

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