Keltner Channel built relative to the average value of the XRSX oscillator as a sequence of candlesticks.
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was described in detail in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
Fig1. The XRSXCandleKeltner indicator