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ZigZagus Parabolicus

5
This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their origin.

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.

A simple test strategy with displaying the Balance chart and displaying deals on the screen is also implemented.

  • Green circle - Buy.
  • Red circle - Sell.

Opening price strictly in the center of the circle, taking into account the spread

This strategy opens a sell trade if the newly formed parabolic channel "looks" down and the price crosses the upper border of the channel, and to buy if it is up and the price crosses the lower border of the channel. The spread is calculated based on the average spread of the last 2000 ticks.

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

I do not recommend using this indicator in the mode:
  • Max bars in chart: = unlimited. 
Because the calculation becomes very slow and the work becomes uncomfortable.

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.




Avis 2
Jean-Sebastien Laurent
4390
Jean-Sebastien Laurent 2020.12.07 17:17 
 

Nikolai feels to be a correct guy, his work looks quality, his indicator is innovative and he is upgrading constantly. Congratulation for this indicator :-)

autovolk
847
autovolk 2020.12.07 14:32 
 

Установил , тестирую ,пока все нравится. Если добавть сигналы будет супер.

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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data and therefore the mome
The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable c
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
Trade Assistant MetaTrader System  — a multi-timeframe system that is based on three standard indicators:   Stochastic oscillator ,   RSI   (Relative Strength Index), and   CCI   (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. Input parameters CheckCandl
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Convenient drawing of parabolic channels by four points (two lower and two upper extremums). Additional control keys: N (New) - Start drawing a new channel. C (Clear) - Deletes the current channel. By default, the current channel is the last channel. But you can click on the line of any channel to make it current. Click on the gear in the upper right corner to set some parameters for all channels or the current channel. All work is visible from the animated Gif. Do not forget to express your
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Convenient drawing of parabolic channels by four points (two lower and two upper extremums). Additional control keys: N (New) - Start drawing a new channel. C (Clear) - Deletes the current channel. By default, the current channel is the last channel. But you can click on the line of any channel to make it current. Click on the gear in the upper right corner to set some parameters for all channels or the current channel. All work is visible from the animated Gif. Do not forget to express your w
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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, r
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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
A useful and convenient tool for traders when analyzing and making decisions. Peculiarity The main feature of this indicator is its fast algorithm . The gain in the speed of calculating the polynomial and its value of the standard deviation in comparison with classical algorithms reaches several thousand times. Also, this indicator includes a Strategy Tester with a clear visualization of transactions, an equity chart and simultaneous calculation and display of the following data in the fo
Gravity Channels
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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
Filtrer:
Jean-Sebastien Laurent
4390
Jean-Sebastien Laurent 2020.12.07 17:17 
 

Nikolai feels to be a correct guy, his work looks quality, his indicator is innovative and he is upgrading constantly. Congratulation for this indicator :-)

autovolk
847
autovolk 2020.12.07 14:32 
 

Установил , тестирую ,пока все нравится. Если добавть сигналы будет супер.

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Version 1.8 2021.12.14
Fixed a bug with drawing trade lines in the tester mode
Version 1.7 2021.12.14
Fixed some bugs
Version 1.6 2020.12.13
Fixed several bugs
Improved strategy
Added a buy and sell signal
Version 1.5 2020.12.05
- Fixed some bugs.
- Changed strategy algorithm. The deal is now being opened:
- buy - from the lower border of the channel, if the parabola is ascending
- sell - from the upper border of the channel, if the parabola is descending
Version 1.4 2020.12.05
Fixed a bug that caused the chart scrolling to freeze in tester mode.
Version 1.3 2020.12.05
Fixed a bug when the bottom button was not visible when the window was resized.
Version 1.2 2020.12.05
- Fixed some bugs.
- Added the last parabola that redraws.