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Published:

2010.12.06 10:31

Updated:

2014.04.21 14:55

AggZ.mq4 (3.12 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The calculation:

AggZ = (-1*(10-day z-score)+(200-day z-score))/2

where z-score = (close - sma(closing prices over last n periods))/(standard deviation(closing prices over last n periods))

buy above 0, sell below 0 as a basic strategy.

AggZ

OrderManager

You can adjust SL/TP by dragging the lines drawn by the EA.

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Just trade looking at the arrows shown by indicator

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Creates a report in HTML about all pairs and symbols, for example how many days ago a cross moving average appeard. Pairs with a last recent cross moving average at daily timeframe have a chance for a trend reversal which may be traded.

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AggZ - indicator for MetaTrader 4