FreelanceSections

HENGtaykong

MQL5 Indicators Consultation

Specification

Create a ZigZag indicator, which is constructed based on extreme values determined using oscillators. It can use any classical normalized oscillator, which has overbought and oversold zones. The algorithm should first be executed with the WPR indicator, then similarly add the possibility to draw a zigzag using the following indicators:

CCI
Chaikin
RSI
Stochastic Oscillator
Algorithm and Terms

The first stage is the construction of the Zigzag:

The overbought zone is determined as candlesticks, at which the indicator value Value > Lmax (Lmax=-20).
The oversold zone is determined as candlesticks, at which the indicator value Value < Lmin (Lmin=-80).
The values of Lmax and Lmin should be included in indicator parameters.
A yellow point should be added at the High point of candlesticks in the overbought zone—it is the H point.
A green point

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Project information

Budget
30 - 200 USD

Customer

Placed orders1
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