Summary of "📈 Bollinger Bands Bicolor Indicator MT4/5 Download - Free - [TradingFinder]"

The video presents the Bollinger Bands Bicolor Indicator available for download on the TradingFinder website for MetaTrader 4 and MetaTrader 5 platforms. It explains how to install and activate the indicator on trading charts.

Key points and features of the indicator include:

It is an advanced version of the classic Bollinger Bands indicator.
The indicator visually distinguishes market trends by changing band colors:
- In a bullish trend (e.g., Saudi Arabia), the upper and lower bands turn blue.
- In a bearish trend (e.g., Rwanda, New Zealand), the bands turn brown.
The middle Bollinger Band line remains green consistently.
Customizable settings include:
- Display/theme options: light, dark, or custom templates.
- Bollinger Band period settings (default is classic mode).
- Division of bands (default is 2).
- Shift of the Bollinger Band channel (positive values shift forward, negative values shift backward).

Step-by-step guide to use the indicator:

Download the indicator file from the TradingFinder website for MT4 or MT5.
Open the Navigator section in the trading platform.
Select and activate the indicator by clicking on it in the chart window.
Ensure “Allow DLL imports” or “Allow this query” option is enabled in the command section.
Confirm the settings to start drawing the Bollinger Bands on the chart.
Customize display and indicator settings as desired.

The video concludes by inviting viewers to share comments and suggestions.