Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 14751
- Rating:
- Published:
- 2010.01.26 11:29
- Updated:
- 2016.11.22 07:32
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
This is a modified version of ZigZag indicator that draws lines with different colors depending on the price movement direction.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/57

The Zigzag indicator is a series of sections connecting significant tops and bottoms at the price plot.

The Williams’ Percent Range Indicator (%R) is dynamic technical indicator, which determines whether the market is overbought/oversold.

The Bulls Power Indicator measures the balance of the bulls strength.

An indicator lets you specify the number of bars separately before and after the current High / Low (fractal) can.