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Unlocking the XMA_BBx5_Cloud Indicator for MetaTrader 5

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If you're looking to enhance your trading strategies, the XMA_BBx5_Cloud indicator for MetaTrader 5 might just be your new best friend. This innovative tool features two Bollinger Bands channels based on a single moving average, all beautifully displayed as a colored cloud. Plus, it even shows the latest values as price labels, making it super user-friendly.

To get started, you'll need to incorporate the SmoothAlgorithms.mqh library classes into your setup. Simply copy the files to your <terminal_data_folder>\MQL5\Include directory. If you're unsure about how to use these classes, check out the detailed guide in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers". It’s a great resource that breaks everything down for you.

Figure 1. The XMA_BBx5_Cloud indicator

Figure 1. The XMA_BBx5_Cloud indicator

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