The channel is drawn using Gauss Transform. Input parameter sets the width of the window within which the indicator is calculated.
input uint WindowSize=20; //the width of the window
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 29.02.2008.
Fig.1 The Support-Resistance Indicator indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1526
MPC is a script which measures (searches) the most frequently occurring candlesticksAuto Fibonacci Indicator (Auto Fibos)
There's a lot of Fibonacci indicators out there but I decided to make my own indicator for you.