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ZigZag Wave Medvedev Close

This ZigZag is a follow-up of the ZigZag series based on the efficient model of their formation. The current one is called the Wave because it is generated from more frequent fluctuations of the ZigZag https://www.mql5.com/en/market/product/12438 making it as close as possible to the market uncertainty and allowing the indicator to visualize the hidden fluctuations that are more significant in terms of determining the probable price movements. The indicator is presented in its "pure" form with no support/resistance lines and indicators like Andrews' Pitchfork and Fibonacci levels. Thus, you are able to use the initial ZigZag model and form your own understanding of the market. This ZigZag is formed by Close prices.


Parameters

  • MinBars - amount of calculated bars. The default value is 1 000. 0 - all bars.

Constructive suggestions and feedback are highly appreciated.

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You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
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Best Currency Strength Indicator
Best Currency Strength Indicator
Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
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Currency Relative Strength
Currency Relative Strength
Ziheng Zhuang
This indicator shows the relative strength of 8 major currencies: USD, EUR, GBP, AUD, NZD, CAD, CHF and JPY. The strength value is normalized to the range 0-100: The value above 60 means strong. The value below 40 means weak.  This indicator needs the data of all 28 paris and 9 timeframes. Use the EA Downloadhistory28&9 to download data automatically. --> https://www.mql5.com/en/blogs/post/728216 Reference for calling it in EA :  https://www.mql5.com/en/blogs/post/730961 Inputs  (full scre
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Higher High Higher Close Lower Low Lower Close
Higher High Higher Close Lower Low Lower Close
Mark Flint
The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
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This indicator displays support and resistance levels according to highs and lows of the HZZ indicator described in "How to Write Fast Non-Redrawing ZigZags" by CANDID. The indicator's performance is based on the assumption that completion of the previous trend and beginning of a new one are the best points to enter the market. The indicator forms support lines indicated by a color of the support variable and resistance lines indicated by a color of the resistance variable. The last swing in the
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ZigZag on average for MQL5
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This is a well-known ZigZag indicator. But it differs by the fact that its plot is based on values of the middle line which is set by a user. It can display Andrews’ Pitchfork and standard or Bobokus Fibo levels. NO REPAINTING. Parameters Period МА — middle line period. Default value is 34. Minimum value is 4. Maximum value is set at your discretion. Used to calculate price — type of price used for the midline calculations. The averaging method — type of smoothing for the middle line. Turning
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The indicator automatically draws Fibo Bobokus levels on a chart. Detection of Weekly Targets, Support and Resistance By the end of a week, on Friday night, Fibo Bobokus is drawn from the week's high to its low. It will be a projection of bullish and bearish targets for the next week, as well as support and resistance areas to monitor. Whenever the targets are not achieved in a given week, they are usually achieved at the beginning of next week (Sunday-Tuesday), followed by a massive reversal.
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This is a well-known ZigZag indicator. But it differs by the fact that its plot is based on values of the middle line which is set by a user. It can display Andrews’ Pitchfork and standard or Bobokus Fibo levels. NO REPAINTING. Parameters Period МА — middle line period. Default value is 34. Minimum value is 4. Maximum value is set at your discretion. Used to calculate price - base price to calculate the middle line. The averaging method - method of smoothing the middle line. Turning pitchfork
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The Donchian Channels Double indicators is located in a separate window and can be an excellent guide for those who are familiar with Donchian channel operation technique. You can select any type of displaying or both types through loading the indicator in another window with a changed type of data display. Trading using Donchian channel involves searching a moment of the channel breakthrough which is properly demonstrated by the first display model. The second model analyzes a trend. The indica
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Valeriy Medvedev
The indicator is based on two buffer ZigZag indicators that require no external settings, as well as a proprietary development regarding the formation of two types of channels: a channel of Buys and a channel of Sells. Respective buy and sell areas are formed inside each of them, they are marked by individual colors, allowing the user to clearly identify the current trade direction. The procedure for determining Buy and Sell patterns is the following: Areas overlap — trade in the direction of th
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Moving channels Medvedev
Moving channels Medvedev
Valeriy Medvedev
The indicator generates of a symbol's price movement and can become a good assistant in a trader's day-to-day routine. The main features of the indicator lie in formation of six main channels, one adaptive channel and lines of price movement direction. It works on any financial instrument and time frame. We have four tops and four bottoms used for drawing six lines for formation of channels which can serve as guidemarks in the process of detecting the price movement direction and its reversal po
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Valeriy Medvedev
This indicator is the logical continuation of the well-known equidistant channel indicator: https://www.mql5.com/en/market/product/8723 . The main purpose of the indicator is the visualization of price levels relative to the parallel channel using Fibo Bobokus levels in a separate window and the price history. This often allows forecasting the future price movement with a sufficiently high degree of probability. The Fibo levels calculation equation is as follows: FiboLevel = (50-(100*((Close[i]-
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Valeriy Medvedev
The indicator shows the levels of the past week and day. In addition, it draws a level in percentage. This level is specified relative to the difference between the High and Low of the past month and week. For the daily levels of the past day, the Close levels are additionally displayed. All you need to do is configure the display parameters of the levels to your liking. Parameters Over the past months installations - settings for the last months; PasteMonthsLines - the level display mode is
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Three simple lines for MQL5
Three simple lines for MQL5
Valeriy Medvedev
This is an individual tool for analyzing the market situation, analogous to https://www.mql5.com/en/market/product/28437 . It is very simple to use. After attaching the indicator to the chart, you will see three vertical lines named "VLine 1", "VLine 2" and "VLine 3", following in this order from left to right. For the utility to operate correctly, this sequence should always be observed. Please note: At the first start, the lines may not have a binding to specific price levels on the chart. Thi
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FIBO Break Out
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Valeriy Medvedev
At 8:00 GMT: Look for the High and the Low occurred between 5:00 GMT and 8:00 GMT. Plot Fibo from the High to the Low to indicate targets, support and resistance. Draw a 50% breakthrough line from the Low to the nearest High OR from the High to the nearest Low. Wait for a breakthrough on the 50% Fibo line or trend continuation on the same level. Enter on the breakthrough or on the bounce from the breakthrough level. Take profit on the targeted level, or adjust our 50% line to the nearest High or
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ZigZag Medvedev Close for MQL5
ZigZag Medvedev Close for MQL5
Valeriy Medvedev
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw . The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Para
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Valeriy Medvedev
This EA represents an interactive panel with adjustable parameters destined for installation and deletion of pending orders (orders grid generator). You can place the panel anywhere on the screen or hide it into a dot clicking on the button in the upper left part of the chart (it will be shown after clicking on it for the second time). Number and step of orders, lot size, vertical shift for limit orders - all these things make your work easier. There are functions for restoring according to pend
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Equidistant Channels
Equidistant Channels
Valeriy Medvedev
This indicator is designed for drawing equidistant channels. Two options are available: based on the number of hours in the indicator calculation and by the number of bars. To draw a channel, enter a number 1 or greater. The maximum value is limited by the amount of visible bars. If the parameters you enter are beyond the allowable limits, you will get notified if the indicator restrictions. Please note that the time involved in calculation of the channel must be greater than the timeframe it wi
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Valeriy Medvedev
This is an interactive and easy-to-set indicator which allows to form seven equally spaced channels which have your settings simultaneously. All seven channels are enabled by default. But you can easily enable one or another channel using control buttons located in the upper case of the indicator's control panel. You can change a period of the indicator calculation by clicking one of buttons indicating number of the channel in the lower case of the control panel. Two other buttons (one of them i
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Bands Line for all periods
Bands Line for all periods
Valeriy Medvedev
The main feature of this indicator is the ability to monitor the levels of Bollinger Bands of the higher periods. The bands can be displayed either as horizontal or trend lines. By enabling the comment, you can assess the Bid price distance (in points) relative to the lines for all periods simultaneously. Two Bollinger Bands indicators are displayed on an active timeframe. The indicator having the greater standard deviation is used as an overbought (oversold) zone marker. Bollinger Bands signals
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Simple Line for MQL5
Simple Line for MQL5
Valeriy Medvedev
It is an analogue of the indicator of levels at https://www.mql5.com/en/market/product/24273 for the MetaTrader 5 platform. The indicator shows the levels of the past month, week and day. In addition, it draws a level in percentage relative to the difference between the High and Low of the past month and week. For the daily levels of the past day, the Close levels are additionally displayed. All you need to do is to configure the display parameters of the levels to your liking. In some cases, af
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Original background for MQL5
Original background for MQL5
Valeriy Medvedev
It is commonly known that colors influence on human livelihood process, especially if we talk about live of a trader. Psychologist assert that we need to follow our sixth sense and select such colors in everyday life which will be the most comfortable to us. Tense anxiety prevention involves consideration of nature of the color impact on a human being. The best range of colors having the most beneficial effect on people are green, yellow-green and blue-green gradations. Using this indicator you
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ZigZag Medvedev for MQL5
ZigZag Medvedev for MQL5
Valeriy Medvedev
The indicator is similar to https://www.mql5.com/en/market/product/12330 . However, it considers the MQL5 platform features. Peaks and bottoms are calculated based solely on external bars. After a swing is formed, the indicator does not redraw providing opportunities for traders working on horizontal level breakthroughs. Traffic can be reduced by changing the amount of calculated bars in the MinBars variable (default value is 500). All you need is to select the output options, so that you can se
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ZigZag Wave Medvedev Close Double
ZigZag Wave Medvedev Close Double
Valeriy Medvedev
This ZigZag does not re-paint. It does not require the settings and reflects the real picture of the market showing the changes in the sellers' and buyers' attitudes and allowing you to join the winners. The indicator consists of the two ZigZags: the main one ( https://www.mql5.com/en/market/product/12860 ) shows the trade direction, while the second one ( https://www.mql5.com/en/market/product/12438 ) allows you to detect potentially profitable entry and adding patterns on small fluctuation wav
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ZigZag Wave Medvedev
ZigZag Wave Medvedev
Valeriy Medvedev
This ZigZag is a follow-up of the ZigZag series based on the efficient model of their formation. The current one is called the Wave because it is generated from more frequent fluctuations of the ZigZag https://www.mql5.com/en/market/product/12330 making it as close as possible to the market uncertainty and allowing the indicator to visualize the hidden fluctuations that are more significant in terms of determining the probable price movements. The indicator is presented in its "pure" form with n
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Zigzag Medvedev on the closing prices
Zigzag Medvedev on the closing prices
Valeriy Medvedev
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it does not redraw . The indicator allows to easily detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of a price movement. The calculations are based on the candles' Close prices, thus improving the reliability of the levels. Para
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Heiken Ashi MIX
Heiken Ashi MIX
Valeriy Medvedev
This indicator is based on Heiken Ashi. Its peculiarity is that it contains two indicators, each of which is calculated with different degree of price normalization. In addition, it does not have shadows, but it shows levels of price consolidation. How to trade with Heiken Ashi MIX? It must be stated that you will have to learn more about this indicator and watch distinctive patterns of a financial instrument on its history. The indicator settings: Used to calculate price - applied calculation
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Channel Range Medvedev Percentage
Channel Range Medvedev Percentage
Valeriy Medvedev
This indicator is a logical extension of the product at https://www.mql5.com/en/market/product/12526 . The only difference is that price movement is displayed using a histogram with levels, allowing to assess the direction and strength of the movement. How to interpret the signal: 0 - the middle of the channel; above 0.5 - the breakdown of the channel up; below -0.5 - the breakdown of the channel down. Both indicators are displayed in the attached screenshots. Install the indicator and you will
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Channel Range Medvedev
Channel Range Medvedev
Valeriy Medvedev
The idea of the indicator stems from the necessity to clearly define the borders of support and resistance levels, which helps to plan the opening and closing of positions in the areas that most appropriately determine the process. Look at the breakdowns of the resistance level that confirm the intention of the price to continue the upward movement, after it passed the support level and entered the channel formed by the two levels. The same is for the case when the price enters the channel downw
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Liquidator for trading positions
Liquidator for trading positions
Valeriy Medvedev
This is a prototype of the famous Control and management of transactions panel. There are two main differences: Allows to work with all the variety of financial instruments opened by a user and not only with instruments it was attached to; To activate levels of order closure hidden from a broker, it uses not lines but modifiable virtual levels. To enjoy the full functionality of the panel you are advised to have: Desk analytical table . Their combined operation allows to keep the situation under
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ZigZag Medvedev
ZigZag Medvedev
Valeriy Medvedev
The indicator is based on the two-buffer scheme and does not require any additional settings. It can be used on any financial instrument without any restrictions. The indicator is a known ZigZag, but it is not redrawn . The indicator allows to easy detect significant levels on the price chart, as well as demonstrates the ability to determine the probable direction of price movement. Indicator Parameters MinBars – amount of calculated bars, the default is 500. 0 - all bars. Constructive suggest
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Original background
Original background
Valeriy Medvedev
It is widely known that colors affect the emotional state of a human, especially if this human is a trader. Psychologists recommend that you follow your instincts and select the color of your environment that is most comfortable to you. In order to reduce emotional stress, impact of colors on a person should be considered. The optimal range of the most beneficial colors includes green, yellow-green and green-blue ones. This indicator allows you to manage your emotional state and health. Choose a
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Version 1.3 2016.01.04
Replaced the zero bar recalculation order.
Version 1.2 2015.12.23
Changed the parameters.
Version 1.1 2015.11.26
Fixed the indicator start algorithm.