MetaTrader 5
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- Publié:
- 2012.03.16 06:11
- Mise à jour:
- 2016.11.22 07:32
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This indicator is very simple: it shows signals triggered using Fractals and the original ZigZag indicator without any further filtering.
It does never -ever- repaint a past signal and therefore it useful to study the real behavior of the ZigZag -which does repaint- as a trading tool over time.
You should complement signals with your own trading strategy or edit the source code to do it.
As you can see, many signals are repainted by ZigZag indicator over time.
It depends on original MetaQuotes ZigZag indicator -attached-.
Recommendations:
- Do not trade this indicator by itself
- You can use this indicator template to filter zigzag signals with your trading strategy
Features:
- Adjustable ZigZag parameters
- You decide wether to evaluate bar zero or not
Double ZigZag (no repaint)
This indicator shows signals from two different Zigzags without repainting, and allows you to study the real behaviour of the zigzag indicator as a trading tool over time.
Triniti
The support and resistance levels are determined. It provides the values for TP and SL.
Pure_Martingale
Martingale syste, trades are random.
Average Daily Range
TheGreedyPig Average Daily Range Indicator calculates 5, 10, 20 days and shows them on the chart. I found this on a Forum, updated, modified the Indicator I found.