A digital momentum in the form of colored characters.
This indicator was first implemented in MQL4 and published in the Code Base at mql4.com on 11.02.2008.
Figure 1. The ColorDM_361 indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1897
An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.Donchian Channel
Donchian Channel is a volatility indicator based on the calculation of the current price range with the recent highest and lowest prices.