ZigZagus Parabolicus MT4

This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their inception.

Download the demo version and test it in the tester. All graphics in the tester are working.

But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation.

The features of this ZigZag are:
  • Fast calculation, regardless of the period. Therefore, the gain in speed is especially felt at higher periods.
  • Two parameters instead of three: the period of parabolic regression and the coefficient of increase in the value of the standard deviation (the width of the parabolic channel)
  • High adaptability to flat and trend
For the convenience of operating the indicator, a new intuitive interface has been developed, also designed for screens with touch control.

The simplest test strategy with displaying the Balance chart and displaying deals on the screen is also implemented. Green circle - Buy. Red circle - Sell. The price is strictly in the center of the circle.
This strategy opens a sell trade if the newly formed parabolic channel "looks" down, and a buy trade if up. The spread is taken into account based on the last spread when the indicator was loaded.

If this indicator is in demand, the strategies will expand.

Please report any errors you find, they will be promptly eliminated.

In the future, a button will be added to Auto adjust the best parameters.



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Native Channels
BeeXXI Corporation
5 (1)
This indicator recognizes all support and resistance levels. A number of unique high-performance techniques have been applied, which made the existence of this indicator possible. All formed channels are naturally visible: horizontal linear linear parabolic cubic (Polynomial 3 degrees - Wave) This is due to a bundle of approximating channels. The formed channels form "standing waves" in a hierarchical sequence. Thus, all support and resistance levels are visible. All parameter management is i
Gravity Channels
BeeXXI Corporation
5 (1)
This indicator allows the trader to see what is difficult to see and recognize with the eyes. The indicator naturally recognizes and visualizes all processes in the behaviour of a trading instrument, which will be an excellent assistant for a trader who likes to make decisions on his own. This indicator draws a set of approximating channels in all sections of history with different periods. Formed channels form naturally and form their own hierarchy of channels by seniority (length and width).
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