Welcome back, fellow traders! Today, we're diving into the XMA_BBx3, a powerful indicator designed for MetaTrader 5 that can take your trading game to the next level.
The XMA_BBx3 utilizes Bollinger Bands to create a channel while displaying the latest price values as labels. This can provide you with a clearer view of market movements and help you make informed decisions.
To get started, you'll need to incorporate the SmoothAlgorithms.mqh library classes. Just copy it to your <terminal_data_folder>\MQL5\Include directory. If you're curious about how these classes work, be sure to check out the detailed overview in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Figure 1. The XMA_BBx3 indicator
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