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2016.02.17 12:28
Indicators

XMA_BBx5_Cloud - indicator for MetaTrader 5

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\MQL5\Include\

Two Bollinger Bands channels based on one moving average, drawn as a colored cloud, with the display of the last values as price labels.

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".

Figure 1. The XMA_BBx5_Cloud indicator

Figure 1. The XMA_BBx5_Cloud indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14841

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