Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/7429
The indicator implements the Gann principle in the form of a ZigZag.rvmFractalsLevel
An interesting indicator that plots the trading channel by fractals and adds a Fibonacci fan on top.
This indicator is very simple to use: red arrow - sell signal, blue arrow - buy signal. Exceeds its analogues, such as Hi-Lo, Trend and others, by several times. Works on any timeframe and with any currency pair.TMA
Here, the focus is on the middle part of the price series. In fact, they are double-smoothed simple moving averages. The simple Moving Averages' length depends on evenness or oddness of the chosen number of periods.