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It's a kind of Parabolic with automated regulation according to the trend intensity. ADX determines the "intensity" of the trend.
Translated from Russian by MetaQuotes Software Corp. Original code: https://www.mql5.com/ru/code/7890
Indicator OnChart Stochastic.
One more version of indicator ChandelierStops. Works together with indicator ChandelierStops_v1.
Indicator MTF Stochastic Standard. Shows 4 stochastic on one.