Nick A. Zhilin
The channel is based on the prices extreme values for a period. Central line, upper and lower channel borders values are determined by calculation of the Pivot Points used as assumed support and resistance levels.
This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 08.02.2008.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/781
The sum of Bears Power and Bulls Power technical indicators values averaged using Laguerre algorithm.SinTrend
Simple trend indicator.