BBandWidthRatio

Review changing Bollinger Band width in an MT5 subwindow.

Last updated: Compatibility: MetaTrader 5
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✓ Free direct download✓ Direct package link available✓ Demo testing recommended
BBandWidthRatio – Measures Bollinger Band Width to Gauge Market Volatility
On this page
  1. What is BBandWidthRatio Indicator?
  2. How to Use It in Practice
  3. MT5 Indicator Parameters
  4. Download BBandWidthRatio

What is BBandWidthRatio Indicator?

BBandWidthRatio - Measures Bollinger Band Width to Gauge Market Volatility

BBandWidthRatio is an MT5 subwindow indicator that displays the relative width of a Bollinger Band calculation as a line. Period, deviation, price source, and display settings control the measurement.

Higher and lower readings provide visual context for comparing wider and narrower displayed ranges. The line describes recent volatility and does not establish what price will do next.

How to Use It in Practice

BBandWidthRatio - Measures Bollinger Band Width to Gauge Market Volatility

Compare the subwindow line with the simultaneously displayed Bollinger Bands, using its height to inspect how their width changes across the chart:

  • Compare the width line with an ATR pane if desired; the two move similarly, but BBandWidthRatio responds more readily to smaller changes.
  • Use BBands Period to change the width calculation sample.
  • Keep the Standard Deviation input in mind: changing it produces little visible response.

Band width is reduced to one readable line, making volatility comparisons easier across different chart sections.

MT5 Indicator Parameters

BBandWidthRatio - Measures Bollinger Band Width to Gauge Market Volatility
Default MT5 Indicator Settings

The screenshot above shows the default input parameters in the MT5 settings window.

ParameterDescription
BBands PeriodSets the number of periods used to calculate the Bollinger Bands. A longer period smooths the ratio curve and focuses on broader volatility trends, while a shorter period reacts more quickly to price changes.
Standard DeviationDefines the number of standard deviations used for the Bollinger Band calculation. Increasing this value widens the bands and can affect the sensitivity of the width ratio to price volatility.
Free indicator package

Is BBandWidthRatio Free to Download?

Yes. The current MT5 package is available at no charge from the direct link below. Test it in a demo environment before using it with live funds.

  • ✓ No purchase required
  • ✓ MT5 indicator package
  • ✓ Demo testing recommended
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Download ZIPbbandwidthratio.zipFile type: .zip
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Indicators are analytical tools, not guarantees of profit. Test every download in a demo environment and make decisions based on your own risk tolerance.