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chande_kroll_stop_v1.mq5 (7.26 KB) view

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Real author:

Forex-TSD.com

An indicator of the trend power drawn in the form of a colored cloud. A strong trend is colored blue, weak trend is gray.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 20.02.2008.

Figure 1. The Chande_Kroll_Stop_v1 indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1886

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Chande_Kroll_Stop_v1 - indicator for MetaTrader 5