AbsolutelyNoLagLwma_BBx7_Cloud_Digit - MetaTrader 5 script
Absolutely lag-free Lwma of three Bollinger Bands channels based on one moving average, plotted as a colored cloud, showing the last value as a price tag, and Bollinger Bands can be rounded to the desired number of digits. The number of digits to be rounded is defined by the input variable of the indicator:
Enter unit number = 2 ; //Number of digits to round to
The indicator uses the SmoothAlgorithms.mqh library class. The article details a collaboration with them to average price series for intermediate calculations without using additional buffers .
Figure 1. Indicator AbsolutelyNoLagLwma_BBx7_Cloud_Digit
Figure 2. Indicator AbsolutelyNoLagLwma_BBx7_Cloud_Digit
Attachment download
📎AbsolutelyNoLagLwma_BBx7_Cloud_Digit.mq5 (35.53 KB)
📎 SmoothAlgorithms.mqh (130.2 KB)
Source: MQL5 #21138
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