A safe journey is only possible on a road with good marking and proper road signs.
The indicator shows:
The Zig Zag is non-standard, the idea for plotting was taken from the wave theory of Stanislav Chuvashov (it can be viewed, say, here).
The green numbers are the time fractals that can change on further price movement.
In the input parameters it is possible to change the number of the output Zig Zag bars (Max_Bars), colors of the lines and numbers, as well as the indicator display modes.
The Road_Map_v04.mq4 file was added. Some minor errors were fixed, the logic was completely changed to increase the speed.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13800
The indicator performs the calculation of the derivative of the price.Detection of the divergences
The lookup and display of the divergences of different classes based on the data of the base indicator.
The channel indicator. It also displays the current channel levels as price labels and the type of the signal for making trading decisions.The Expert Advisor on Traffic Light trend strategy
A trend strategy based on moving averages with colors as in a traffic light. The purpose of writing the EA — to test the strategy on history and pick working parameters.