The indicator operation requires an additional library MetaCOT CFTC ToolBox Demo MT5 or its full-featured version MetaCOT CFTC ToolBox MT5. Also, these indicators are available as separate sets in the appropriate Market section.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16521
It is the MQL5 version of ZeroLag MACD.Standard Deviation Channel MT5
A channel based on standard deviation of close price.