Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2011.11.09 11:54
Indicators

ZigZag + Fibo - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Views:
10460
Rating:
votes: 23

MQL5 version of the conventional ZigZag indicator from the MetaTrader 4 client terminal allowing to set Fibo levels at two last extremums.

 

ZigZag NK Fibo

 Indicator input parameters:

//+----------------------------------------------+ 
//| Indicator input parameters                   |
//+----------------------------------------------+ 
input int ExtDepth=12;
input int ExtDeviation=5;
input int ExtBackstep =3;
//---- Fibo features at the last high
input bool DynamicFiboFlag=true;                       // DynamicFibo display flag 
input color DynamicFibo_color=Blue;                    // DynamicFibo color
input ENUM_LINE_STYLE DynamicFibo_style=STYLE_DASHDOTDOT; // DynamicFibo style
input int DynamicFibo_width=1;                         // DynamicFibo line width
input bool DynamicFibo_AsRay=true;                     // DynamicFibo ray
//---- Fibo features at the second to last high
input bool StaticFiboFlag=true;                        // StaticFibo display flag
input color StaticFibo_color=Red;                      // StaticFibo color
input ENUM_LINE_STYLE StaticFibo_style=STYLE_DASH;       // StaticFibo style
input int StaticFibo_width=1;                         // StaticFibo line width
input bool StaticFibo_AsRay=false;                     // StaticFibo ray

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/533

Instantaneous Trendline Instantaneous Trendline

Instantaneous Trendline shows buy and sell signals, while crossing the moving averages.

yEffekt yEffekt

The indicator marks possible trend reversals.

Total Power Indicator Total Power Indicator

The indicator generates continuous lines of the relative average bullish and bearish power.

AutoTrendLinien AutoTrendLinien

Autotrendlinien generates a channel in the direction of an existing trend.