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2016.04.13 15:28

XMA_BBx7_Cloud - indicator for MetaTrader 5

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votes: 12

Three 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".

Fig.1. The XMA_BBx7_Cloud indicator

Fig.1. The XMA_BBx7_Cloud indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

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