Simple trend indicator.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 05.02.2008.
Figure 1. The Loco indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/14403
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.