ZZLevels – indicator MetaTrader 5

Comparing to Simple ZigZag, ZZLevels uses three additional parameters.
The Simple ZigZag indicator is a good basis for automation of the technical analysis. Below is a simple example of pattern recognition. The ZZLevels indicator uses the Simple ZigZag to find the boundaries of the flat, as well as the support and resistance levels. Automation of many graphical constructions, including simple ones like channels, trends … Read more