Features of the Fiji Bb Alert Indicator
The Fiji BB Alert is a straightforward MT4 indicator that resembles classic Bollinger Bands. Like a standard BB, the indicator consists of a central line and upper and lower bands.
The indicator’s ability to function across all timeframes is advantageous. Forex traders can combine this indicator with others, such as the RSI and MACD, to lessen market noise.
How the Indicator Can Benefit You
The Indicator provides trade entry signals for traders. Each time the price breaks through the upper and lower bands, the Fiji BB Alert Indicator shows a bearish and bullish trend. An uptrend will end, and traders should close long positions and enter short ones when the price breaks above the upper band.
On the other hand, a downtrend is ready to end when the price breaks below the lower band, at which point traders should take profits and go long. The central line reflects neutrality. When the price hovers around the middle line, it shows a sideways market movement.
Indicator Setting Description
eintBandsPeriod: It allows you to change the period of the upper and lower bands.
edblBandsDev: It allows you to change the deviation of the bands.
eintMAMode: It allows you to change the mode of the central Moving Average.
eintMAPrice: It allows you to change the price of the Moving Average.
eintMAShift: It allows you to change the shift in the Moving Average movement.
eintBarsBack: It allows you to change the period for the bars.
UseSound: Enables /Disables sound production on every trend change.
AlertSound: Enables /Disables alerts on sound.
SoundFileBuy: The default value is alert 2.wav.
SoundFileSell: The default value is email.wav.
SendMailPossible: Enables /Disables sending of emails.
SIGNAL_BAR: The default value is 1.
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