Watch how to download trading robots for free
Find us on Telegram!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
ZigZag + Fibo - indicator for MetaTrader 5
- Views:
- 32443
- Rating:
- Published:
- 2011.11.09 11:54
- Updated:
- 2016.11.22 07:32
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
MQL5 version of the conventional ZigZag indicator from the MetaTrader 4 client terminal allowing to set Fibo levels at two last extremums.
Indicator input parameters:
//+----------------------------------------------+ //| Indicator input parameters | //+----------------------------------------------+ input int ExtDepth=12; input int ExtDeviation=5; input int ExtBackstep =3; //---- Fibo features at the last high input bool DynamicFiboFlag=true; // DynamicFibo display flag input color DynamicFibo_color=Blue; // DynamicFibo color input ENUM_LINE_STYLE DynamicFibo_style=STYLE_DASHDOTDOT; // DynamicFibo style input int DynamicFibo_width=1; // DynamicFibo line width input bool DynamicFibo_AsRay=true; // DynamicFibo ray //---- Fibo features at the second to last high input bool StaticFiboFlag=true; // StaticFibo display flag input color StaticFibo_color=Red; // StaticFibo color input ENUM_LINE_STYLE StaticFibo_style=STYLE_DASH; // StaticFibo style input int StaticFibo_width=1; // StaticFibo line width input bool StaticFibo_AsRay=false; // StaticFibo ray
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/533
Instantaneous Trendline
Instantaneous Trendline shows buy and sell signals, while crossing the moving averages.
yEffektThe indicator marks possible trend reversals.
Total Power Indicator
The indicator generates continuous lines of the relative average bullish and bearish power.
AutoTrendLinienAutotrendlinien generates a channel in the direction of an existing trend.