Bollinger MTF Bands

MT4
1. Indicator Advisor Purpose:The strategy calculates upper (U1) and lower (L1) Bollinger bands based on the input parameters and the current market data.
It then checks the relationship between the closing price (close) and these bands to determine whether to open, close, or hold a trade.
2. Inputs (Customizable Parameters): The indicator allows users to customize the following parameters:

Based on the provided code, here are the potential inputs that are used in the script:Length: an integer value representing the length of the Bollinger Bands calculation.
Deviation: an integer value representing the standard deviation multiplier for the Bollinger Bands.
Price: Price type used for calculations (e.g., Open, Close, High, Low).
UpArrowGap: A double value represents the gap for upward arrows.
DnArrowGap: A double value representing the gap for downward arrows.Interpolate: a boolean value indicating whether interpolation is enabled.
Timeframe: Timeframe for the chart data (e.g., M1, M5, H1).
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 account balance.