The indicator shows the smoothed current direction of the price movement, as well as "relatively flat" market.

Parameters

• FilterPeriod - direction smoothing period
• FilterMethod - direction smoothing method
• FilterPrice - price for calculating direction
• DeviationPeriod - deviation period to define flat segments
• DeviationMul - deviation ratio
• DeviationMethod - smoothing period when calculating the deviation
• DeviationPrice - price used to calculate deviation
• VolatilityPeriod - volatility period to define flat segments
• VolatilityMul - volatility ratio
• FlatArrowCode - flat segment symbol code