Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Views:
39387
Rating:
(58)
Published:
2015.12.10 14:34
road_map_v01.mq4 (26.82 KB) view
road_map_v04.mq4 (30.88 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

A safe journey is only possible on a road with good marking and proper road signs.

The indicator shows:

  • impulse waves (bold sloping lines);
  • corrective waves (thins sloping lines);
  • upward wave series (blue color);
  • downward wave series (purple color);
  • wave series length (the numbers near the Zig Zag vertices);
  • wave series breakthrough levels (short green and red lines);
  • targets for Take Profit (the Fibonacci grid from the start of the wave series).

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 Ltd.
Original code: https://www.mql5.com/ru/code/13800

Derivative Derivative

The indicator performs the calculation of the derivative of the price.

Detection of the divergences Detection of the divergences

The lookup and display of the divergences of different classes based on the data of the base indicator.

Price Channel Central Price Channel Central

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 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.