Watch how to download trading robots for free

Find us on Telegram!
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:

14414

Rating:

(6)

Published:

2016.03.25 15:16

ICWR_v0.mq4 (11.7 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

Author: John Lotoski

The indicator plots four different Fibo lines based on four latest ZigZags. Useful when applied on the higher timeframes.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7186

StocRSI

Superposition of Stoch and RSI. One of the most commonly used indicators. This is the most fortunate and useful indicator.

3-line MACD

This indicator adds a smoothing curve to the MACD.

ICWR.a

The script plots one Fibo line based on the latest ZigZag. This is a remarkable tool to get rid of unnecessary work for those who constantly place Fibo grids (the majority).

Trend power (stop loss)

The indicator is based on comparison of the current price to six simple moving averages with the periods 10, 20, 30, 40, 50 and 60. The values of the indicator are fixed: -100, -66, -33, 0, 33, 66, 100.

ICWR v0 - indicator for MetaTrader 4