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2016.04.14 09:41

XMA_BBx7_Cloud_Digit_Grid - 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 and the possibility to round Bollinger levels up to a required number of digits, and a price grid with these rounded values. The number of digits to round is set in the Digit input:

input uint Digit=3; //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_Grid indicator

Fig.1. The XMA_BBx7_Cloud_Digit_Grid indicator

Fig.2 The XMA_BBx7_Cloud_Digit_Grid indicator

Fig.2. The XMA_BBx7_Cloud_Digit_Grid indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:


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