An indicator of the trend power drawn in the form of a colored cloud. A strong trend is colored blue, weak trend is gray.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 20.02.2008.
Figure 1. The Chande_Kroll_Stop_v1 indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1886