ZigZag

Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

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Examples of Delta ZigZag work
The module for tracking open positions based on “Delta ZigZag” indicator for MQL5 Wizard. The tracking module moves Stop Loss of the opened position to new horizontal levels calculated by the indicator. Fig. 1 Example of Delta ZigZag indicator work Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

Trading Signals Module Based on Delta ZigZag Indicator – library MetaTrader 5

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Fig. 1 Example of the trading signals based on Delta ZigZag indicator
Trading signals module based on Delta ZigZag indicator for MQL5 Wizard. Buy Signals: When the price breaks indicator’s horizontal level from the bottom up, it is assumed that a descending trend has been replaced by an ascending one, and the module displays buy signal. Sell Signals: When the price breaks indicator’s horizontal level from top … Read more

KNJ ZigZag with Value – indicator MetaTrader 4

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KNJ ZigZag with Value - indicator for MetaTrader 4
KNJ ZigZag with value at pivots (highs/lows). Zigzag line: Blue. Pivot value (Swing value): Black Inputs window: ExtDepth=12; ExtDeviation=5; ExtBackstep=3; PivotsColor=Magenta; => Color of pivot value/Swing value ZigZagLineShow=True; => To show (True) or hide (false) zigzag line PivotsValueShow=True; => To show (True) or hide (false) highs/lows Value SwingValueShow=False; => To show (True) or hide (false) … Read more

Simple ZigZag – indicator MetaTrader 5

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The only input parameter - Typical retracement size - is different for different time frame for convinience
Simplified version of the popular ZigZag indicator. The algorithm runs significantly faster, does not use intermediate calculation buffers, does not contain nested cycles and, therefore, does not redraw itself. The indicator only has one parameter to be configured, which is very important during optimization of expert advisors that use it as basis. Automation of many … Read more

Fibo ZigZag – indicator MetaTrader 5

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USDJPY
The Fibo ZigaZag indicator allows to calculate the probable support and resistance levels using the Fibonacci ratios. The Indicator Algorithm The indicator locates the subsequent Highs and Lows, finds the distance between them and lays off the percentages of this distance (23,6%, 38,2%, 50%, 61,8%) from peaks and bottoms. The calculation is performed when the … Read more