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2017.01.19 16:52

AutoFibAutoTrend_Zigzag2_R - indicator for MetaTrader 5

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votes: 15

Real author:


The indicator plots price channel and Fibonacci levels based on the latest Zigzag2_R_Color peaks.


//| Inputs                                         |
//---- ZigZag inputs
input ENUM_TIMEFRAMES Timeframe=PERIOD_H6; // ZigZag timeframe for the indicator calculation
input uint ExtDepth=12;
input uint ExtDeviation=5;
input uint ExtBackstep=3;
//---- indicator display settings
input string Sirname="AutoFibAutoTrend_Zigzag2_R"; // Name for the indicator labels
input bool ShowFib=true;
input color FibColor=clrDodgerBlue;
input uint FibSize=1;
input bool ShowFibFan=true;
input color FibFanColor=clrDarkViolet;
input uint FibFanSize=1;
input bool ShowTrend=true;
input color TrendColor=clrMediumSpringGreen;
input uint TrendSize=5;

The indicator requires compiled Zigzag2_R_Color.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Fig.1. AutoFibAutoTrend_Zigzag2_R

Fig.1. AutoFibAutoTrend_Zigzag2_R

Translated from Russian by MetaQuotes Software Corp.
Original code:

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