The real author:
The Volty Channel Stop indicator uses the ATR and the Moving Average indicator for calculation of support/resistance lines.
Recommendations to use in trading are standard. If the price is higher than a line, then a buy, if the price is lower than a line, then a sell.
Bullet points are a signal that the trend is reversed. This indicator can become a good alternative of a standard Parabolic SAR indicator in your trading systems.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1497
A trend, normalized oscillator drawn in the form of a histogramCatFX50
A semaphore arrow signal indicator drawn on the basis of the EMA trend and reversal signals from crossings of the StepSto_v1 oscillator and its signal line