RobotFX curates the best open-source MetaTrader code to inspire your trading automation.
Real author:
Rosh
A channel built using the values of the ATR deviation from the middle of the range calculated on extremes. The middle of the range and its signal line are displayed as a colored cloud.
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Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 06.02.2008.
Fig. 1. The Median indicator
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