Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=10503
Forum: 17 · Topic 10503 · 3 post(s)
Alexander.Gettinger · Tue Dec 27, 2011 4:24 am
Original idea Nick A. Zhilin
Formulas: Middle line=sum/3, Top line=(sum-min)/2, Bottom line=(sum-max)/2, where sum=max+min+pivot, max(i), min(i) - maximum and minimum prices at range from (i-Period) to (i), pivot(i)=(Close(i-1)+Close(i-2)+Close(i-3))/3.

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The indicator was revised and updated
Alexander.Gettinger · Wed Dec 28, 2011 8:34 am
Strategy based on FP channel indicator: viewtopic.php?f=31&t=10555
Apprentice · Mon Mar 20, 2017 8:13 am
Indicator was revised and updated.