BWI Indicator for Metatrader 4
Bollinger bands are pretty cool, however one thing that is hard to judge is the exact historical difference in the width between the bands. Here’s a quick indicator that I created a while back for Metatrader 4 which shows you the distance between the bands. To install it, copy it into experts/indicators, open it in MetaEditor and compile it, then you’ll find it under custom in your list of indicators. It should be self explanatory… the higher it is the further apart the bollinger bands are, if it’s at all time lows then expect it to go crazy shortly 
Feel free to use it as you wish, there is really no rocket science behind it, the main reason for me putting it up is just to save someone else (and me when I next lose my metatrader installation) the short amount of time it takes to create it.
Filed by Popeye at June 20th, 2007 under Finance, FOREX, Trading
hi, am new to your blog and even forex trading too. i already have meta trader and i was wondering how to install your alert on meta trader. thanks
Comment by tunde — July 31st, 2007 @ 1:46 am