Oscillation boundary

The third indicator from the set for market analysis.

The indicator builds a channel of maximum price fluctuations for a specified period.
Additionally, the middle of the channel is drawn.

All color settings, line types are customizable.

The indicator allows you to see the picture of price movement from a slightly different angle.
You can use several indicators at the same time with different periods.
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I am placing the indicator obtained as a result of market analysis, it may be useful to someone. The indicator shows how quickly the price changes (where there is a trend), and where there is no obvious trend. With the right settings, you can know the beginning of the trend in advance. The indicator measures the slope / rate of change / ratio of the moving average on the current bar relative to the previous bar. The settings specify the ratio limit for a downtrend and a ratio limit for an upt
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