Indicators: Exponential Trend Channel Indicator
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Exponential Trend Channel Indicator:
On a linear MT5 chart, a trend that grows or falls by a steady percentage is a curve, and a straight channel misses it. This indicator draws the real exponential curve, fitted on closed bars to the cleanest of 19 look-back windows, with deviation zones, a projection ahead and a card with the fit, the trend pace and the price position.
Author: Bruno Nunes Myrrha Ribeiro