Market / MetaTrader 5 / Experts /

ZigZag Expert

1 250 USD

Demo downloaded: 89

Published: 17 December 2022

Current version: 1.1

ZigZag Expert

Experts
Almat Kaldybay
Almat Kaldybay
Kazakhstan

7970
4.4 (14)
- https://www.facebook.com/groups/1968404303297781
4 products 2 articles 2 codes 18 comments
Version: 1.1
Updated: 25 December 2022
Activations: 10

ZigZag Expert is a robot that trades on the signals of the ZigZag indicator. The decision to enter the market is made by the signal of the trend system of the continuation model. See pictures and videos for more details.

Program input parameters:

Choose tf - you need to specify the period for which the market will be monitored (recommended H4 and older);
Depth of ZigZag - the first parameter of the ZigZag indicator (recommended from 4 to 8);
Deviation of ZigZag - the second parameter of the ZigZag indicator (recommended from 5 to 9);
Back Step of ZigZag - the third parameter of the ZigZag indicator (recommended from 3 to 7);
Amount of risk per position - you need to specify the amount of risk per position (recommended 0,1-2% of the deposit amount);
Permission to install Take-profit - permission to install Take-profit. True - allowed, false - forbidden (recommended to set true);
TP to SL ratio - ratio parameter of Take-profit to Stop-loss (you need to set individually according to the test results. Recommended 1 to 4);
Permission to move a position to breakeven - permission to move a position to breakeven. True - allowed, false - forbidden (true - conservative, false - more aggressive);
Percentage for bringing a position to breakeven from the SLsize - percentage of the Stop-loss size in points to move the position to breakeven (recommended from 100 and above);
Permission for reverse output - permission to exit on a reverse signal. True - allowed, false - forbidden (true - conservative, false - aggressive. It is recommended to set true);
Allow monitoring of the Asian session - permission to monitor the Asian session. True - allowed, false - forbidden (recommended to set true);
asia_hour_start - Asian session start in hours (depending on your server settings. Default: Eastern European (EET);
asia_hour_finish - Asian session finish in hours (depending on your server settings. Default: Eastern European (EET);
Allow to monitor the European session - permission to monitor the European session. True - allowed, false - forbidden (recommended to set true);
europe_hour_start - European session start in hours (depending on your server settings. Default: Eastern European (EET);
europe_hour_finish - finish European session in hours (depending on your server settings. Default: Eastern European (EET);
Allow monitoring the US session - permission to monitor the US session. True - allowed, false - forbidden (recommended to set true);
usa_hour_start - US session start in hours (depending on your server settings. Default: Eastern European (EET);
usa_hour_finish - American session finish in hours (depending on your server settings. Default: Eastern European (EET);

Please note that the robot was designed to work on currency pairs.

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The Indicator automatically draws trend lines on the specified timeframe ( Trend lines period parameter). The lines are drawn based on the last two known fractals of the specified period. A peculiarity of this Indicator is that the lines are drawn with accuracy up to 15 minutes. It allows analyzing the chart on smaller timeframes without loosing the precision of drawing the lines in relation to the extrema of the prices. It is suitable for an intraday and medium term trading. The minimum timefr

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The Indicator automatically draws trend lines on the specified timeframe ( Trend lines period parameter). The lines are drawn based on the last two known fractals of the specified period. If you want the lines to be drawn only on the confirmed fractal, then set the Confirmed or unconfirmed fractal parameter to True . Indicator feature - lines are drawn with the accuracy of any timeframe. It allows analyzing the chart on smaller timeframes without loosing the precision of drawing the lines in re

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ZigZag Expert

Almat Kaldybay