Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | SuperZigZag

The ZigZag indicator draws rays, thus showing "significant" movement.

Mode parameter is the indicator work mode:

  • 0 - "significant movement" is set in points (parameter ImportantPoint)
  • 1 - "significant movement" is considered as a high-low for a certain period in the bars (parameter RangeBars) multiplied by the "substantial movement" (parameter RangeKoeff)

MetaTrader Experts, Indicators, Scripts and Libraries

Not redrawing, if the up ray occurred, then last down ray won't change its low extremum. And appeared up ray will update its high extremum.

1165

Best MetaTrader Indicators + Profitable Expert Advisors