MaxminChannelWithSlope – indicator MetaTrader 5

Figure 1. The MaxminChannelWithSlope indicator
Real author: fajuzi Simple Max-Min channel with a slope. In fact, this is the Donchian channel with a slope. If the xslope input parameter is equal to zero, then the indicator becomes a regular Donchian channel. Use the Moving Average of the Momentum. Originally this indicator has been written in MQL4 and was first published … Read more