The Momentum-based Adaptive Channel is a version of the adaptive channel based on the Euclidean distance. It is designed to adapt according to the dynamic market as needed.
Display:
- red line — upper channel.
- blue line  — lower channel.
 gray line is a standard donchian channel.Â
Settings:
- channel period  — converted to the Euclidean distance.
- volatility factor — width of one bar.
- volatility smoothing — smoothing period of the volatility.
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