A colored cloud made of two PEMAs from different timeframes on a single chart.
Fig. 1. Indicator PEMA_2HTF
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/23583
Displaying the latest closed values of indicator Bollinger Bands® with colored rectangles and background fillingPlateau
The EA uses two indicators iMA (Moving Average, MA), Fast and Slow, and one indicator iBands (Bollinger Bands, BB).