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VarMovAvg MT5 Indicator is based on the moving average. You can customize
any options and you can also set a sound alert, colors etc.
This indicator is great for trend detection and I recommend you downloading
it to try in MT5 beta testing. While converting VarMovAvg I discovered multi
-colored indicator type in MetaTrader 5, which allows coder to reduce the
amount of indicator buffers and increase the speed of calculation. So,
VarMovAvg for MT5 has 1 indicator buffer less than the same indicator in MT4