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

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The fast trend indicator is based on two indicators XMUV Moving Average. In fact, the result is that two lines of the indicator, respectively the SMA and the EMA average, are plotted against this moving average, resulting in the display of a range of values ​​from -100 to +100.

The presence of at least one of these two oscillators out of range at -100 or 100 values ​​indicates a strong trend in the corresponding direction. In this case, dots of the corresponding color will appear. The color of the cloud corresponds to the trend direction.

Place the XMUV.ex5 compiled file into terminal_data_folder\MQL5\Indicators. The indicator was first implemented in MQL4 and released in the code base on November 9, 2008.

Figure 1 MUV_Cloud indicator

Attachment download

📎 smoothalgorithms.mqh (134.03 KB)

📎 muv_cloud.mq5 (12.78 KB)

📎 xmuv.mq5 (6.69 KB)

Source: MQL5 #1667