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- Views:
- 28730
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- Published:
- 2010.12.15 11:36
- Updated:
- 2016.11.22 07:32
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Zigzag lines are built on fractals. The fractals can specified by user.
Number of fractals on the right and left is determined by the variable Fractal
Image:
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/10022

The indicator is constructed based on 3 gistorgammu stochastics higher order

Momentum oscillator of averaged bull/bear percentages.

The indicator shows a messsage then the price crosses the lines, titled the "Support" and "Rezistans" on the chart.

The On Balance True Range Indicator is essentially based on the On Balance Volume indicator but uses the Average True Range Period 1 instead of Volume.