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ChannelsFIBO_v2 - indicator for MetaTrader 4
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- Published:
- 2016.03.07 11:29
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The extended version of the ChannelsFIBO indicator which implements the selection of the reference distance (the distance considered 100% of the channel width at each individual bar):
- By the maximum shift of the price from the moving average.
- By the average shift of the price from the moving average.
- By the median shift of the price from the moving average.
- By the standard deviation (SD) of the price from the moving average.
For example, when selecting reference distance "By SD", the channel will look the following way:
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14749
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