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\MQL5\Include\

smoothalgorithms.mqh (134.03 KB) view

xma_range_bands.mq5 (8.99 KB) view

xma_range_bands_htf.mq5 (11.34 KB) view

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The XMA_Range_Bands indicator variant which can be placed by fixing timeframe of the indicator on a value different from the chart timeframe.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the 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".

Place XMA_Range_Bands.mq5 compiled file to the terminal_data_folder\MQL5\Indicators.

Fig.1 The XMA_Range_Bands_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1274

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