When the price breaks indicator's horizontal level from the bottom up, it is assumed that a descending trend has been replaced by an ascending one, and the module displays buy signal.
When the price breaks indicator's horizontal level from top downward, it is assumed that an ascending trend has been replaced by a descending one, and the module displays sell signal.
Module input parameters:
In addition to indicator parameters, you can set an absolute value of a generated forecast (trend).
Fig. 1 Example of the trading signals based on Delta ZigZag indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/11709
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.