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\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

rainbow_clouds.mq5 (10.93 KB) view

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A fan of Moving Averages implemented as a group of cloud indicators.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Fig.1. The Rainbow_Clouds indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13065

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Rainbow_Clouds - indicator for MetaTrader 5