appsoluxions wrote: Fri Nov 16, 2018 12:15 am

Hi Mntiwana,

Do you perhaps have the mq4 file for EMAVFS channel. I would like to make changes to it, like adding another small channel around the yellow MA. I think that would help detecting when EMAVFS bands cross within these new channels for ranging markets, and again cross outside the new channels for breakouts. It just the idea that I want to experiment - if you don't mind sharing the code. I am making a request taking into the considerations the rules of the forum, so I will understand if the code cannot be shared.

Thank you.

friend4you wrote: Fri Nov 16, 2018 12:57 am

Here is the mq5 ! open file:
edited ................................................. mod
Mntiwanas posted txt-file is not a translation of my posted pdf. It's only:
Exponential moving average with variable smoothing factor
A channel with a non-smooth and stationary approximation error, in which the exponential moving average with a variable smoothing factor is used as the center line.

This indicator is compiled not only as an MQL5 indicator, but also as a MQL4 indicator, for which you should change the extension of the indicator code to mq4, place the code in <terminal_data_folder_MetaTrader4> \ MQL4 \ Indicators and compile it with the appropriate code editor.