Multi-Timeframe Bollinger Band and Moving Averages of Different Time Levels for MetaTrader ® 4

Multi-Timeframe Indicators ... The perfect support for manual traders and for the development of trading systems

• These indicators are a great way to present different timeframes of Bollinger band and/or moving averages in a chart and in a time level!

• By default MetaTrader ® 4 is not able to display in a chart of one specific time level the indicators of different time levels. Graphical representation of all information relevant to the general image of several time levels is however very important for manual trading and also for the development of Expert Advisors. For this purpose, we have programmed these two indicators. We use them both for the discretionary trading in conjunction with the One-Click-Trader, and for the development of trading strategies.

• Both indicators can be applied to a chart as often as desired. For example, if the Bollinger band from the 15 min chart and the 200 EMA from the 30 min chart shall be displayed in the 5 min chart, you simply activate both indicators once. If you also want to see the Bollinger band for the 4 hour chart, drag the Bollinger band indicator again on the chart, and you will aquire a lot of information derived from higher levels of time.

• The trading system Magic-Champ II was developed and perfected with the help of these two indicators!

• The application works just like all MetaTrader ® standard indicators. After the acquisition of the indicators you copy them into the folder metatrader/experts/indicators. Then you see in the list of available indicators two further indicators.

The parameters for the Multi-Timeframe Bollinger Bands:

1. Timeframe: From which time levels is the Bollinger band to be displayed.

2. Period: The number of closing courses taken into account.

3. Deviation: Standard deviation for the calculation of Upper and Lower Bollinger band.

The parameters for the Multi-Timeframe Moving Averages:

1. Timeframe: From which time levels is the moving average displayed.

2. Period: The number of closing courses taken into account.

3. Method: According to which mathematical method is the average calculated (SMA = Simple MA / EMA = Exponential MA / SMMA = Smoothed MA / LWMA = Liner Weighted MA)

• Find below a small gallery of screenshots featuring Multi-Time-Frame indicators applied to various currency pairs and in different time levels.

If you are interested in this MetaTrader®4 indicator but would like to know a bit more about it, please use our contact form for or send us an e-mail to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

We are also gladly available for you if you have any suggestions for improvements or individual supplements.

Bestellung und Bezahlung
# hier gehts zu unserem Shop ...