The indicator plots two Stowell patterns on the right edge of the chart: upper and lower. A breakout of the three candle line means (by Stowell) a change in the trend.
Both files must be compiled. Only the second file is attached to the chart (3clinetf.mq4).
This is a multi-timeframe indicator. The timeframe is specified by TF (TF=0 means the timeframe of the current chart).
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13438
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.