Indicators: UltraXMA
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UltraXMA:
This indicator is based on the integral value of the trend from the fans of similar moving averages with an arithmetic progression of the smoothing period.
A trend direction in this indicator is determined by the cloud color, while its power is determined by the cloud width. You can use the overbought (UpLevel) and oversold (DnLevel) levels that are set in percent value from the indicator maximum amplitude.
Author: Nikolay Kositsin