Luis Guilherme Damiani
ATR Channels create price movement channels considering ATR (Average True Range) technical indicator. The indicator clearly shows trend acceleration and retardation moments and also overbought and oversold areas from the average true range perspective.
The presented variant of this indicator allows to select the smoothing algorithm for the moving average out of ten possible variants:
It should be noted that Phase parameter has completely different meaning for different smoothing algorithms.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
This indicator was first implemented in MQL4 and published in Code Base 08.08.2006.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/494
DailyPivot_Shift indicator differs from the common DailyPivot indicator, as the main levels can be calculated with day start shift.XCCX
Commodity channel index having possibility to select smoothing algorithm and dynamically changing oversold/overbought levels.
Standard Commodity Channel Index with the standard average deviation formula and the possibility to select smoothing algorithm and dynamically changing oversold/overbought levels.DailyPivotShift_Full
DailyPivot_Shift indicator differs from the common DailyPivot indicator, as the main levels can be calculated with day start shift. This variant of the DailyPivot_Shift_Full indicator can be built for any chart bar and allows to clearly see the market behaviour relative to the indicator levels at each bar.