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Indicators

Momentum-based Adaptive Channel - indicator for MetaTrader 5

Yoshihiro Nakata
Views:
7592
Rating:
(26)
Published:
2021.06.28 14:00
Updated:
2021.07.01 13:13
mba_channel.mq5 (9.75 KB) view
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The Momentum-based Adaptive Channel is a version of the adaptive channel based on the Euclidean distance. It is designed to adapt according to the dynamic market as needed.

Display:

  • red line  — upper channel.
  • blue line  — lower channel.


 gray line is a standard donchian channel. 


Settings:

  • channel period   — converted to the Euclidean distance.
  • volatility factor — width of one bar.
  • volatility smoothing — smoothing period of the volatility.


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