The channel applying the algorithm similar to the simplest zigzag.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.08.2008.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15282
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.