The ongoing updates and efforts from TransparentTrader, Fract, Mrtools as well as our members make this code deserve it's own section so I've moved all the posts to this topic.
I find this "joint" project really cool & see great potential in this technical indicator.
PS: Fract's chart colors are really easy on the eyes so if anyone would like to use an MT4 template that resembles Fract's theme on TradingView, please try this one: