The primary source claims that it is made as a Doncian canal. What a beautiful movement:

MrTools, it would be great if you could add any parameters that from your point of view would be useful for this indicator. Again, with great respect for your time and work!

This indicator is good because you can trade pullbacks in the trend, see consolidation zones, trade breakouts, and do not make false entries

Hello dear coders! I found an indicator on the net that is built according to the "Donchian channel" type. If you have time, take a look at it. Is it possible to change the color of the central line when the slope changes and, if possible, to add alerts and arrows when doing so. I am using...

I found on the network, it seems to me, a rather interesting indicator. I want to be able to change the color, thickness and type of lines, as well as see arrows and receive alerts when divergence occurs.
Dear MrTools, could you help me with this indicator?

It is especially pleasing that discrepancies work with going to zero. Such divergence usually gives stronger movements.
Yes! Signals are processed by almost 100%. My low bow to you. But I changed the settings of the indicator for myself. I love the Phibo numbers. I don't know why, but it works.

[quote=mrtools post_id= time=1640488051 user_id=4864807] Added divergence and zero cross alerts. As always, everything is at the highest level, MrTools! The only problem: the size of arrows does not change. Once again you, as well as all members of the FS community with the holiday! May God help us ...

josi wrote:Fri Dec 24, 2021 9:17 pm If you are looking for a nice little repainter as a X-mas present:
here it is:

It is very similar to the garland for the New Year tree)))

[quote=mrtools post_id= time=1639005364 user_id=4864807]
Added the averages. Merry Christmas, dear MrTools. You could expand the potential of this indicator if you add divergence, as well as a zero crossing warning signal. Good holidays for you and your loved ones!

thomdel wrote: Wed Dec 22, 2021 5:31 pm @ mrtools

Respected Sir,

Request you to Please Add Arrows on Zero Cross & Alerts on Zero Cross to : Ehlers Fisher transform histo mtf+alerts+lines

Thanks for your Time, Efforts, Generosity.

Good indicator! You could add divergence here. It would be very informative and beautiful.