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
Elliott_Wave_Oscillator_HTF_Signal shows a trend direction or a signal for performing a deal generated by Elliott_Wave_Oscillator_Sign indicator at the chosen bar as a graphic object with colored trend indication or deal direction and sends alerts or audio signals in case of a market entry moment.AML_StDev_HTF
AML_StDev indicator with the timeframe selection option available in input parameters.