Two bollinger bands

Line RED Open position
Line YELLOW Close position

1th Bollinger Bands: Period=21 Deviations=1
2nd Bollinger Bands: Period=21 Deviations=2

Hi mariotrinchero,

Which setting do you use?

Period 21
Deviations 1 and 2

Yes, it's interesting:

As I understand - we are openning the trade on price crossing first BB (on close bar), and closing the trading on the price crossing the second BB (on close bar too).

We can use the following indicator instead of standard BB (I mean - one AllBollingerBands_v2.0 600+ indicator with period 21 instead of 2 standard BB):

AllBollingerBands
- AllBollingerBands_v2.0 600+ indicator is on this post.

Hi newdigital
Exactly!
I prefer to use standard indicators because I use iPhone or iPad app of metatrader 4
and custom indicators are not available,unfortunately.
Could you make an EA of this method?

use this .tpl and this indicator .mq4

2BOLL.tpl
dailylines.mq4

Triple Bolling - indicator for MetaTrader 5

• "The advanced presentation of the Bollinger Bands indicator that allows to visualize the minute candlesticks in particular."
• "In fact, the indicator draws three pair of the Bollinger Bands with a standard deviation rate of 2, 3 and 4, respectively. Default period is 50, it is convenient to work on the minute candlesticks."

Premium section indicators:

UniBetterBands_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
UniBetterBandwidth_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.

The other premium section indicator related to BB (and which is similar to the Jurik Spandex Bands):

JurikBands_v3.1 600+ indicator is on this post. This is fixed version of this indicator.