Bollinger bands MTF alert indicator




Alert BB indicator I made for trading with Bollinger Band strategy.

This MTF version working with multiple timeframes so you recieving the alerts from several timeframes in this indicator.

This indicator will give you BUY/SELL signals via email, push smartphone notifications, pop up alert windows, sound alerts and draw arrows on a chart.

Signal candle is bearish candle after bullish above hight bollinger line and bearish candle after bearish candle below low bollinger bands line. 

Tight stop losses nice risk / profit ratio in any time frame. This is already automation with fxUltimate robot.


Only strong signals option is filtering signals by one rule – signal candle should be closed above / below the Bollinger range, AllSignals – alert when previous bar was opened and closed out of BB range.

In MTF_Alerts parameter you should write needed timeframes from m1 m5 m15 m30 h1 h4 d1 w1 mn the list with sepatation by space

If you want to work only on current timeframe you can leave this parameter blank 

projectreaper.bollinger bands mtf settings

15.06.2017 FIXED m1 bug. Thanks Valven444 for spotting this problem.



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Software Name
Projectreaper Bollinger bands MTF alert indicator
Software Category
Forex Indicator
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    • Hi. So when you changing the settings you need just press OK button in the indicators properties window. It should be saved and applied in that case. Also you can save it to a file and load by pressing load and save buttons.

      You can find official mt4 terminal help docs link in the right side bar of the site in desktop browser ➡ ➡
      Or below in mobile browser ⬇ ⬇

    • Hi.
      1. You need to copy the file to you mt4 indicators directory.
      2. You need to restart mt4 terminal or refresh list of indicators by clicking right mouse button on the list and choosing menu command refresh.

    • Hey there.

      If you want to receive the signals you should turn to true needed signal settings. This Indicator drawing arrows at new signal forming. The better way to understand how it works is to use strategies tester it will save your time in matching settings to your trading style.


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