Bollinger Bands Bars

Bollinger Bands BarsMT4

1. Indicator Advisor Purpose:This indicator is designed to work with Bollinger Bands, a popular technical indicator. 
It incorporates elements like candlestick drawing, visual cues for when prices touch the bands, and an information panel to provide account details.
It also checks for activation via an external API.
2. Inputs (Customizable Parameters): The indicator allows users to customize the following parameters:Inputs:DrawBars: This is an integer input. 
It determines the number of bars that the EA will consider for drawing Bollinger bands.
 If set to 0, it uses all available bars.
BBPeriod: This sets the period for calculating Bollinger Bands.
BBPrice: It specifies the price used for Bollinger Band calculations.
It's likely an enumeration with options like open, high, low, and close.
BBDeviations1 and BBDeviations2: These are the standard deviation factors for Bollinger bands.
They determine how wide the bands are.WickColor, BodyUpColor, and BodyDownColor: These are colors for different parts of the candlesticks.
BodyWidth: This sets the width of the candlestick bodies.DrawAsBack: If true, it draws elements as background. 
If false, it's in the foreground.TouchesVisible: Determines if the points where prices touch or cross the Bollinger Bands are visible.
TouchesTolerance: This is a tolerance level used in the calculation of whether a price has touched a band.
ArrowsSize and ArrowsCode: These likely control the appearance of arrows.showPanel: A boolean determining if the information panel is displayed.
4. 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.