A channel formed by two Double Exponential Moving Averages based on averaged High and Low timeseries. Candlesticks beyond the channel are marked with the trend-related color. Candlesticks with the trend are colored brightly, and those against the trend are colored darkly.
Fig 1. Indicator DEMA_Range_Channel
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21364
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