• Overview
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ZigZagLW Addition

This is a functional extension of the ZigZagLW indicator. It detects the beginning of a new trend signaling of a new indicator line shoulder of a specified level. This is a stand-alone indicator, which means you do not need the activated ZigZagLW indicator for correct operation.


Algorithm logic

To understand the logic of the indicator, let's take a look at the screenshots consistently displaying the conditions for the signals formation. The chart has ZigZagLW indicator with the Short_term and Medium_term lines. Besides, the chart also has the present indicator with term = Medium_term and SoundSignal = false. This means the Medium_term line is tracked.

The first screenshot displays the А price level. When it is crossed by the current price, a new Medium_term shoulder of the ZigZagLW indicator is formed and the addition provides a buy signal.

The second screenshot shows the condition described above but the signal is not activated. The reason lies in ZigZagLW which is calculated based on formed bars, while the last bar has not been formed yet.

On the third screenshot, the bar and the new Medium_term shoulder of the ZigZagLW indicator have formed and the addition activates the buy signal near the current price.

The fourth screenshot reflects the natural movement of the price.

The following screenshots show the formation of a sell signal.


Input parameters

The inputs are displayed on the last screenshot:

  • Term – select the ZigZagLW indicator line for tracking. It can accept the following values:
    • Short_term
    • Medium_term
    • Long_term1
  • SignalSound – enable/disable a sound when a buy/sell signal is activated.

The page https://www.mql5.com/en/code/19646 provides a link to a sample Expert Advisor which demonstrates the use of the indicator for building a mechanical trading system.

Note: similar MQL4 indicator is also available.

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The RSI Crossover Alert MT5 is a Notification System that is highly recommended for Relative Strength Index traders. This indicator focuses on the RSI crossover alert which is the combination of fast and slow RSI. It’s a good technique for filter traditional RSI signals to avoid false signals. Scalping Strategy 1 Buy Entry: Price is greater than EMA 200 RSI crossover Buy alert Sell Entry: Price is less than EMA 200 RSI crossover Sell alert Exit: Quick take profit (10-15 pips) Features Suita
50 USD
Indicador Taurus All4 MT5
Fabio Oliveira Magalhaes
Indicador Taurus All4   Taurus All4 O Taurus All4 é um indicador de alto desempenho, que indica a força da tendência e você pode observar a força da vela. Nosso indicador tem mais de 4 confirmações de tendência. É muito simples e fácil de usar. Modos de confirmação Confirmações de tendências de velas: Quando a vela muda para verde claro, a tendência é alta. Quando a vela muda para vermelho, a tendência está voltando para baixo. Quando a vela muda para vermelho escuro, a tendência é baixa.
200 USD
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ZigZagLW4
Gayrat Madumarov
This is an implementation of an idea described in Larry Williams' "Long-Term Secrets to Short-Term Trading". The first figure displaying the basic principle has been taken from that book. Operation Principles The indicator applies optimized calculation algorithms with the maximum possible speed for non-redrawable indicator. In other words, the zigzag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder does not change its direction afterwards (can
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ZigZagLW4 Addition
Gayrat Madumarov
This is a functional extension of the ZigZagLW4 indicator. It detects the beginning of a new trend signaling of a new indicator line shoulder of a specified level. This is a stand-alone indicator, which means you do not need the activated ZigZagLW4 indicator for correct operation. Algorithm logic To understand the logic of the indicator, let's take a look at the screenshots consistently displaying the conditions for the signals formation. The chart has ZigZagLW4 indicator with the Short_term a
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ZigZagLW
Gayrat Madumarov
ZigZagLW - Brief Description This is an implementation of an idea described in Larry Williams' "Long-Term Secrets to Short-Term Trading". The first figure displaying the basic principle has been taken from that book. Operation Principles The indicator applies optimized calculation algorithms with the maximum possible speed for non-redrawable indicator. In other words, the zigzag's last shoulder is formed right after the appropriate conditions occur on the market. The shoulder does not change i
50 USD
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autovolk
644
autovolk 2020.11.19 11:00 
 

В описании одно а на графике другое,покупка летит в мусорное ведро.

Gayrat Madumarov
1046
Reply from developer Gayrat Madumarov 2020.11.22 13:01
Чтобы не испытывать "раскаяние покупателя" пожалуйста выполните несколько простых действий перед покупкой:
1. Внимательно ознакомьтесь с описанием продукта.
2. Внимательно изучите описания связанных продуктов по ссылкам в описании.
3. Скачайте демо версию и в тестере убедитесь что продукт соответствует описанию.
4. Если что-то неясно напишите вопрос в обсуждении.
EVGENII PANIN
388
EVGENII PANIN 2020.01.30 22:04 
 

Индикатор показывает все, что угодно, но только не то, что написано в описании к индикатору. Сигналы все падают в никуда - статистика 8 убыточных ан 2 прибыльных. Зря потраченные деньги

Gayrat Madumarov
1046
Reply from developer Gayrat Madumarov 2020.11.29 05:34
Чтобы не испытывать 'раскаяние покупателя ' пожалуйста выполните несколько простых действий перед покупкой: 1. Внимательно ознакомьтесь с описанием продукта. 2. Внимательно изучите описания связанных продуктов по ссылкам в описании. 3. Скачайте демо версию и в тестере убедитесь что продукт соответствует описанию. 4. Если что-то неясно напишите вопрос в обсуждении. In order not to experience 'customer remorse' please follow a few simple steps before purchasing: 1. Carefully read the product description. 2. Carefully read the descriptions of related products from the links in the description. 3. Download the demo version and in the tester make sure that the product matches the description. 4. If something is unclear, write a question in the discussion.
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