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:

12865

Rating:

(37)

Published:

2018.09.06 19:39

Updated:

2018.11.19 13:30

ATRZigZag.mq5 (18.54 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

ZigZag implementation using an ATR threshold for directional change, as well as a secondary trigger based on time.

Variable input settings include changing:

The multiplier of the ATR threshold
Period for ATR calculation
Minimum and maximum number of bars before allowing or forcing a direction change
A setting for realtime processing of most current bar (can lead to redrawing)

In effect, the zigzag captures swings in a balanced, dynamic, and adjustable manner making it excellent for zigzag based analyses and trading strategies.

ATR zigzag in action

Save and show the objects of testing chart

This script helps to save the objects into a file and show the objects on a new chart.

Didi Needles - with MA Threshold Diff Filtering

Classic version (on Chart) of Didi Needles indicator, now with a filtering threshold based on MA threshold differences.

Harmonic Pattern Finder V3

Indicator to display existent and emerging harmonic chart patterns.

Rsi of average - with normalized zones

ATR ZigZag - indicator for MetaTrader 5