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Views:: 2737
Rating:: (15)
Published:: 2016.04.14 08:14
Updated:: 2023.03.29 13:47

\MQL5\Include\

SmoothAlgorithms.mqh (130.2 KB) view

xma_bbx7_cloud_digit.mq5 (17.18 KB) view

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Three Bollinger Bands channels based on one moving average, drawn as a colored cloud, with the display of the last values as price labels and the possibility to round Bollinger levels up to a required number of digits. The number of digits to round is set in the Digit input:

input uint Digit=2; //Number of digits to round to

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_Digit indicator

Fig.2. The XMA_BBx7_Cloud_Digit indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/15051

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XMA_BBx7_Cloud_Digit - indicator for MetaTrader 5