Bollinger Divergance

Bollinger DiverganceMT4
1. Indicator Advisor Purpose:This indicator combines Bollinger bands and divergence analysis. It visually highlights potential price reversal points based on volatility (bands), trend smoothing , and divergence from price movement.
It offers alerts and trend line displays for traders to identify potential entry or exit points. 
2. Inputs (Customizable Parameters): The indicator allows users to customize the following parameters:Timeframe: The timeframe used for calculations.
The default is the current timeframe.
BandsPeriod: The period used for Bollinger Bands calculation.
Default is 20.BandsMaType: The type of moving average used for Bollinger Bands calculation.
The default is Simple Moving Average (ma_sma).BandsPrice: The price type used for Bollinger Bands calculation.
The default is the close price (pr_close).BandsDeviation: The number of standard deviations used for the Bollinger Bands.
The default is 2.0.BandsDeviationSample: Determines if sample correction is used for Bollinger Bands deviation.
The default is false.T3Hot: A parameter affecting the T3 indicator calculation.
The default is 1.0.T3Original: Determines if the original T3 calculation is used.
The default is false.
DivergearrowSize: The size of arrows for divergence.
Default is 0.arrowsUpperGap: The gap size for upper arrows.
Default is 0.25.arrowsLowerGap: The gap size for lower arrows.
The default is 0.25.drawDivergences: Determines if divergences are drawn.
The default is true.ShowClassicalDivergence: Determines if classical divergences are shown.
The default is true.ShowHiddenDivergence: Determines if hidden divergences are shown.
The default is false.drawIndicatorTrendLines: Determines if indicator trend lines are drawn.
The default is true.drawPriceTrendLines: Determines if price trend lines are drawn.
The default is true.divergenceBullishColor: The color used for bullish divergences.
The default is lime. divergenceBearishColor: The color used for bearish divergences.
The default is red. drawLinesIdentificator: An identifier for the trend lines.
The default is "stochdiverge1".
divergenceAlert: Determines if alerts are triggered for divergences.
3. Information Panel:The EA creates an information panel on the chart, displaying details like account balance, equity, profit, free margin, and margin level.
The panel also shows the percentage of open trades relative to the account balance.