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You liked the script? Try it in the MetaTrader 5 terminal

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

xma_bbx5_cloud.mq5 (13.52 KB) view

xma_bbx5_cloud_htf.mq5 (13.1 KB) view

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The XMA_BBx5_Cloud indicator with the timeframe selection option available in input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

The indicator requires XMA_BBx5_Cloud.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. The XMA_BBx5_Cloud_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14842

Signal based on the indicator developed by the Brazilian analyst Odir Aguiar (Didi).

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XMA_BBx5_Cloud_HTF - indicator for MetaTrader 5