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MetaTrader 5 Indicator | XMA BBx5 Cloud

Two 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".

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Figure 1. The XMA_BBx5_Cloud indicator

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