Bands 2-1.01 + mtf alerts nmc Forex indicator technique (MT4)


The technical indicator MT4 2-Bands 1.01 + mtf alerts nmc is based on the indicator Bollinger Bands

The stock indicator Bands-2 + 1.01 mtf alerts automatically plots the graph two Bollinger bands (periods 20 and 50 different possible deviation)

a trading alert (sound, notification, message, email) in case of buy / sell signal


Multi Time Frames: an option to select a different time frame of the current time frame for the calculation of 'indicator.

Using multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.

Time Frame
M1 - 1 Minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly

compatible version Metatrader MT4 Build B600 and (nmc: New metatrader compliant)

included
2-Bands 1.01 + mtf alerts nmc.mq4

Broker Online - Broker Stock Exchange : Trading platform Metatrader MT4

Interpretation Rules - signals from Trading

* buy signal: bullish trend
. The high band Bollinger (fast period) crosses upward the high band Bollinger (low period)
. The lower Bollinger band (fast period) crosses upwards the lower Bollinger band (slow period)

* Sales Signal : Bearish trend
. The high band Bollinger (fast period) crosses to lower the high band Bollinger (low period)
. The lower Bollinger band (fast period) crosses down the lower Bollinger band (slow period)

Read more about the rules and trading signals:
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Graphic Award - Analysis Trading

Trade Example
Exchange and Financial Markets
Instruments - Trading Currency Forex
Symbol - Swap GBP / JPY
Session Trading
Unit time UT - time Frame: 1 hour H1

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