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:
- 51054
- Rating:
- Published:
- 2016.05.16 09:30
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Author: Nick Bilak
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.

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.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7430

Displays 3 vertical lines each for a time zone.

The indicator implements the Gann principle in the form of a ZigZag.

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.

The BW2 - WiseMan 1 indicator. Based on the book by Bill Williams - Trading Chaos Second Edition.