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2016.03.25 15:17
Indicators

ICWR.a - indicator for MetaTrader 4

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ICWR_a.mq4 (11.3 KB)view
Author: John Lotoski

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).


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7187

ICWR v0 ICWR v0

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

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

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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.

Import of "minute bars" from forexite.com Import of "minute bars" from forexite.com

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