The indicator plots an equidistant channel with the calculation period defined in input parameters.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 28.01.2008.
Figure 1. The Ang_AutoCh_HL-v1 indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1984
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.