New Article: ZUP - Universal ZigZag with Pesavento Patterns. Part 2, by Eugeni Neumoin

 

A new article by Eugeni Neumoin, ZUP - Universal ZigZag with Pesavento Patterns. Part 2 has been published in our Articles section.

This is the second articles of the series devoted to ZUP.


Abstract:
Due to the programming language, MQL4, embedded in the MetaTrader 4 Client Terminal it is possible to create various indicators. Some of them may be sophisticated and others may be very simple. It all depends on the developer's imagination. The article describes the way of developing a sophisticated program. It describes, if I may say so, an indicator platform - the ZUP. The article also gives a brief description of graphical tools embedded in the ZUP:
  1. Pesavento Patterns;
  2. set of tools working with Andrews' Pitchfork;
  3. Fibonacci Fans;
  4. Fibonacci Levels;
  5. Fibonacci Arcs;
  6. two variations for Fibonacci Expansions.

ZUP is permanently updated. We describe in this article graphical tools for ZUP_v63.