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Views:: 8606
Rating:: (22)
Published:: 2012.12.12 10:03

superzigzag.mq5 (6.39 KB) view

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The ZigZag indicator draws rays, thus showing "significant" movement.

Mode parameter is the indicator work mode:

0 - "significant movement" is set in points (parameter ImportantPoint)
1 - "significant movement" is considered as a high-low for a certain period in the bars (parameter RangeBars) multiplied by the "substantial movement" (parameter RangeKoeff)

The SuperZigZag indicator

Not redrawing, if the up ray occurred, then last down ray won't change its low extremum. And appeared up ray will update its high extremum.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1165

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Exp_2pbIdealMA

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Exp_2MoHLC

The Exp_2MoHLC based on the signals taken from the 2MoHLC_ indicator

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Weighted Moving Average with a minimal lag using a damping cosine wave as the line of weight coefficients

SuperZigZag - indicator for MetaTrader 5