Momentum-based Adaptive Channel – indicator MetaTrader 5

Momentum-based Adaptive Channel - indicator for MetaTrader 5
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.  Settings: channel period   — converted to the Euclidean distance. volatility factor — width of … Read more