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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2017.08.10 12:50
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The Boa_ZigZag_Arrows indicator with the timeframe selection option available in the indicator input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
The indicator requires the Boa_ZigZag_Arrows.mq5 indicator file. Place it to <terminal_data_folder>\MQL5\Indicators.
Fig. 1. Indicator Boa_ZigZag_Arrows_HTF
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18636

The indicator marks all performed trades with short horizontal lines.

Two ZigZag indicators are used for analysis.

Trading strategy: the breakout of a High/Low in the selected time interval.

A channel based on peaks and troughs of Boa_ZigZag