ZigZag Global

Description

A colored universal multicurrency/multi-symbol indicator ZigZag to be drawn in a separate window below the main financial instrument.

The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist). 

The indicator can be calculated based on one of the thirteen basic indicators included in the standard package of the MetaTrader 4 terminal:

  1. AD - an indicator of accumulation and distribution of volume.
  2. OBV - On Balance Volume.
  3. Volume - tick volume indicator.
  4. Force - Force Index indicator.
  5. MFI - Money Flow Index.
  6. ATR - Average True Range.
  7. Momentum.
  8. Moving Average.
  9. CCI - Commodity Channel Index.
  10. RSI - Relative Strength Index.
  11. ADX - Average Directional Movement indicator.
  12. DeMarker.
  13. Standard Deviation.
  14. WPR - Bill Williams oscillator.

The default indicator is AD - an indicator of accumulation and distribution of volume.

The ZigZag line and the rising and falling lines of the basic indicator can be colored.


Purpose

The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading: 

  1. The line of the ZigZag indicator - buffer 0.
  2. The bullish line of the basic indicator - buffer 1, must not be equal to zero.
  3. The bearish line of the basic indicator - buffer 2, must not be equal to zero.
  4. The main line of the basic indicator - buffer 3.

For a more in-depth analysis the indicator can be used in combination with the ZigZag indicator of the main chart.


Inputs

  1. Currency_Name - the name of the financial instrument.
  2. Calc_Method - the index of the indicator, based on which the ZigZag indicator will be calculated (0 to 13). By default, i.e. more than 13 - based on the AD indicator.
  3. Periods - the period for calculating the basic indicator, based on which the ZigZag indicator will be calculated.
  4. MA_Method - averaging method for the MA of the basic indicator:
    1. MODE_SMA - 0.
    2. MODE_EMA - 1.
    3. MODE_SMMA - 2.
    4. MODE_LWMA - 3.
  5. Applied_Price - the used price of the basic indicator:
    1. PRICE_CLOSE - 0.
    2. PRICE_OPEN - 1.
    3. PRICE_HIGH - 2.
    4. PRICE_LOW - 3.
    5. PRICE_MEDIAN - 4.
    6. PRICE_TYPICAL - 5.
    7. PRICE_WEIGHTED - 6.
  6. Mode - the index of the line (MAIN - 0 or SIGNAL - 1) of the basic indicator, based on which ZigZag will be calculated.
  7. Shift - the sift of the basic and calculation indicator relative to the price chart.
  8. ExtDepth - the minimum bars, for which the second minimum or maximum will not be constructed, if the last one is ExtDeviation greater than or less than the previous one by.
  9. ExtDeviation - the minimum number of points as a percentage between the maximum and minimum of two neighboring bars to form a local maximum or minimum.
  10. ExtBackstep - the minimum number of bars between the local maximal or minimal values.


Plotting

For some basic indicators, internal horizontal lines are constructed between the maximum and minimum. The lines of the maximum and minimum must be set manually. For example, for RSI - 0 and 100, for DeMark - 0 and 1.  

When you change, that is recalculate indicators,maximum and minimum lines of the previous indicator should be changed or disabled, internal lines should be deleted.

The simple procedure is shown in the video. To simplify the procedure, remove the previous indicator from the window and attach the new one.

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Trend Reversal – Votre allié pour identifier les renversements de tendance sur MT4 Vous recherchez un outil puissant et intuitif pour améliorer votre analyse de marché et prendre des décisions plus éclairées ? L’indicateur Trend Reversal est conçu spécifiquement pour les traders qui souhaitent identifier avec précision les points de renversement de tendance directement sur la plateforme MetaTrader 4. Grâce à une combinaison d’algorithmes avancés et de techniques éprouvées, Trend Reversal offre
Bandes de Bollinger Auto-Optimisées – Outil de volatilité adaptatif basé sur le comportement réel du marché Cet indicateur avancé pour MT4 trouve automatiquement les meilleures périodes et écarts-types en simulant les trades sur les données historiques. Au lieu de paramètres fixes, il s’adapte dynamiquement aux changements du marché et à la structure des prix pour créer des bandes qui reflètent plus précisément la volatilité en temps réel. Pas besoin d’ajustements manuels. Fonctionnalités princi
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Zones de retournement - niveaux / Zones actives d'un acteur majeur INSTRUCTIONS RUS   /   INSTRUCTIONS   ENG   /   Version MT5 CHAQUE ACHETEUR DE CET INDICATEUR       OBTENEZ EN PLUS   GRATUITEMENT   : Accès de 3 mois       aux signaux de trading du service       SUPER SIGNAUX       — points d’entrée prêts à l’emploi selon l’algorithme TPSproSYSTEM. Accès de 3 mois       aux supports de formation avec mises à jour régulières - immersion dans la stratégie et la croissance professionnelle. Assist
FX Volume
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FX Volume : Découvrez le Sentiment du Marché tel que perçu par un Courtier Présentation Rapide Vous souhaitez faire passer votre approche de trading au niveau supérieur ? FX Volume vous fournit, en temps réel, des informations sur la manière dont les traders particuliers et les courtiers sont positionnés—bien avant la publication de rapports retardés comme le COT. Que vous visiez des gains réguliers ou recherchiez simplement un avantage plus solide sur les marchés, FX Volume vous aide à repére
Enigmera
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ENIGMERA : Le cœur du marché Important : La démo de MQL5.com fonctionne dans le Strategy Tester et peut ne pas refléter pleinement les fonctionnalités d'Enigmera. Consultez la description, les captures d'écran et la vidéo pour plus de détails. N'hésitez pas à m'envoyer un message si vous avez des questions ! Le code de l'indicateur a été entièrement réécrit. La version 3.0 ajoute de nouvelles fonctionnalités et corrige les bugs accumulés depuis le lancement de l'indicateur. Introduction Cet in
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Special offer! https://www.mql5.com/ru/users/bossik2810 Trend Arrow Super The indicator not repaint or change its data. A professional, yet very easy to use Forex system. The indicator gives accurate BUY\SELL signals. Trend Arrow Super is very easy to use, you just need to attach it to the chart and follow simple trading recommendations. Buy signal: Arrow + Histogram in green color, enter immediately on the market to buy. Sell signal: Arrow + Histogram of red color, enter immediately on the ma
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5 (17)
Les lignes de tendance sont l'outil d'analyse technique le plus essentiel dans le trading forex. Malheureusement, la plupart des commerçants ne les dessinent pas correctement. L'indicateur Automated Trendlines est un outil professionnel pour les traders sérieux qui vous aide à visualiser le mouvement de tendance des marchés. Il existe deux types de lignes de tendance, les lignes de tendance haussières et les lignes de tendance baissières. Dans la tendance haussière, la ligne de tendance du Fo
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After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!    Easy Breakout is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the Breakout strategy ! This indicator delivers crystal-clear Buy and Sell signals based on breakouts from key support and resistance zones. Unlike typical breakout indicators, it levera
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FX Power : Analysez la force des devises pour des décisions de trading plus intelligentes Aperçu FX Power est l'outil essentiel pour comprendre la force réelle des principales devises et de l'or, quelles que soient les conditions du marché. En identifiant les devises fortes à acheter et les faibles à vendre, FX Power simplifie vos décisions de trading et révèle des opportunités à forte probabilité. Que vous suiviez les tendances ou anticipiez les retournements à l'aide de valeurs extrêmes de D
IQ Gold Gann Levels a non-repainting, precision tool designed exclusively for XAUUSD/Gold intraday trading. It uses W.D. Gann’s square root method to plot real-time support and resistance levels, helping traders spot high-probability entries with confidence and clarity. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. Download
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The indicator detects the following types of Japanese candlesticks: Doji, Hammer and/or Hanging Man, Shooting Star and/or Inverted Hammer, Spinning Top, Maribozu. The indicator is intended for manual and/or automated trading within an Expert Advisor. There is a possibility to choose colors for bullish and bearish candlesticks. For automated trading, use any indicator buffer of the double type: 0, 1, 2 or 3, whose value is not zero!
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The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
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Description A universal colored indicator Stochastic. The rising and falling lines and the levels of the indicator can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following nineteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. AC - indicator of acceleration. AO
Description A universal colored indicator MACD Histo. The rising and falling of the indicator histogram can be colored.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow
Description A colored universal indicator MACD Line (MA convergence-divergence indicator, shown as a histogram). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following twelve other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume i
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Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
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Igor Semyonov
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Description A universal colored multicurrency/multi-symbol indicator RAVI. Was proposed by T. Chand as a trend indicator. RAVI means Range Action Verification Index. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).
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Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
Description A colored universal multicurrency/multi-symbol indicator  MACD Histo Smart  (MACD histogram) based on double or triple moving average .  Comparing to the standard MACD Histo this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument
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