In classical literature, the relative strength index is described as the "price-following oscillator that ranges between 0 and 100, and signals the market sentiment to change the trend at high (close to 100%) or low (close to 0%) values of the RSI».
Dynamic Zone RSI, with large smoothing.
Dynamic Zone RSI
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7166
The most common and essential modification of Bollinger bands. Displays the standard deviation in a separate window, without disturbing the trading psychologically.ADXDMI
A modification of the popular ADX indicator.
Really useful channel indicator.Keltner Channels
If you like plotting channels, I recommend plotting them yourself. This is particularly true for the slope channels. However, if you use channels merely as filters or simply like to set alerts on these levels, then the indicator will be useful.