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AutoFibAutoTrend_NRTR_ZigZag - indicator for MetaTrader 5

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votes: 15
2017.03.22 15:57

Real author: zzuegg

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

Indicator input parameters

//|  Indicator input parameters                    |
//---- Input parameters of the ZigZag
input ENUM_TIMEFRAMES Timeframe=PERIOD_H6;             // ZigZag indicator timeframe for calculation
input uint iPeriod=10;                                 // Indicator period
input int iDig=0;                                      // Digits
//---- Indicator display settings
input string Sirname="AutoFibAutoTrend_NRTR_ZigZag";  // 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=clrDeepPink;
input uint TrendSize=5;

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

Fig1. The AutoFibAutoTrend_NRTR_ZigZag indicator

Fig1. The AutoFibAutoTrend_NRTR_ZigZag indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

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