Glazz

Glazz is a great mix of standard Bollinger Bands and ZigZag.
The essence of the strategy - is the search for extreme points - possible reversals.
When building a signal, we use Bands of a large period and a small ZigZag period.
When the indicator has calculated the entire value for signal search, it shows an arrow to buy/sell and gives a sound signal.
Simply put, ZigZag is looking for a possible reversal, and Bollinger Bands confirms this reversal.

The indicator settings are simple.
By default, the indicator is set to the H1 timeframe. Other timeframes require different optimal settings.
The longer the Bollinger Bands period, the better the signal.
The longer the ZigZag period, the rarer the signal appears.
The best scores for ZigZag are 3 to 6.

The best values for Deviations are 1.6 to 2.

Important information

If you use standard signals on the H1 timeframe, then you will have 100% profitable trades with a Take Profit of 35 points.

Input parameters

-----------
  • Bands Period - averaging period of the Bollinger Bands indicator
  • Bands Deviations - the number of standard deviations of the Bollinger Bands indicator
  • ZigZag Period - the period of the ZigZag indicator for finding tops and bottoms
-----------
  • Alert - enable/disable alert when an arrow appears
  • E-mail Alert - enable / disable sending an alert to E-mail when an arrow appears
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Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
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This MT5 version indicator is a unique, high quality and affordable trading tool. The calculation is made according to the author's formula for the beginning of a possible trend. MT4 version is here  https://www.mql5.com/ru/market/product/98041 An accurate   MT5   indicator that gives signals to enter trades without redrawing! Ideal trade entry points for currencies, cryptocurrencies, metals, stocks, indices! The indicator builds   buy/sell   arrows and generates an alert. Use the standart   B
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