The channel based on the price percentage deviation from the previous value of the channel middle line. The channel width is managed by the percentage deviation.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com 07.09.2010.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/689
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.