Positive values indicate a strong trend. TCF+ and TCF- values can not stay simultaneously higher than zero point, but both can have negative values that speaks of consolidation or lack of a trend.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1275
The indicator gives Stop Loss value for open position on the basis of the XATR indicator.XXMA
Digital adaptive XXMA Moving Average represents subtype of Moving Averages with a digital flat-trend filter and is made to separate the angular direction of price movement (trend) from the horizontal (flat) for effective trend trading.