XMA_BB_Pivot_HTF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Two colored filled rectangles showing channel levels. The rectangle is the XMA_BBx5_Cloud indicator drawn between two Bollinger Bands channel values ​​on one bar of any time frame.

Indicator input parameters :

 //+------------------------------------------------------------------------+
//|Indicator input parameters |
//+------------------------------------------------------------------------+
Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // chart period
Enter Smooth_Method XMA_Method=MODE_SMA_; //Average method
Input unit X length = 100 ; //Average depth
Input integer X phase = 15 ; // first averaging parameter,
3//----For JJMA in the range of -100...+100, it affects the quality of the transition process;
//----For VIDIA, it is the CMO cycle, for AMA, it is the slow average cycle
Enter double the band deviation 1 = 2.0 ; // deviation 1
Enter double the band deviation 2 = 4.0 ; // deviation 2
Enter Applied_price_IPC=PRICE_CLOSE_; //Price constant
Enter integer shift = 0 ; // indicator moves horizontally (in bars)
Enter integer price change = 0 ; // Vertical indicator moving points
//----The color of the price label
input color mid color = clear blue ; input color upper_color1 = clr mid sea green ; input color lower_color1 = red blood cell ; input color upper_color2 = clr dodge blue ; input color lower_color2 = magenta ;

This indicator requires the XMA_BBx5_Cloud.mq5 indicator file. Place it in <terminal data folder>\MQL5\Indicators.

Figure 1. XMA_BB_Pivot_HTF indicator

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XMA_BBx5_Cloud.mq5 (13.66 KB)

📎 XMA_BB_Pivot_HTF.mq5 (29.99 KB)

Source: MQL5 #18165