Conor Mcnamara / Profilo

The zigzag and donchian channel are examples of qualitative indicators as they rely fully on the price action to give you a result. This can change if you combine both worlds of mathematical trend indicators and qualitative indicators. I find that a smoothed moving average can be effective to prevent false signals from the zigzag and "pend" the swing so that you don't get a swing forming too early

I don't offer services such as creation of an entire indicator or EA, I do this only within the dev team if I/we agree on it. I do not have that much time.

Codice pubblicato Zigzag fibo oscillator

Zigzag experiment which gives the illusion of an oscillator

Market Harmony (market trend confluence detector)

Non repainting zigzag. This is an entirely new algo and it's not using anything fancy other than extreme points based on a period. The idea in this zigzag is that the legs are final when they draw, there is no growing of the legs...and as such the pivot points will not touch the candle highs and lows where the extremum occurred. The idea is that a green leg concludes a potential pullback, and a red leg concludes a potential breakout.

something creative, a heiken ashi on incoming tick prices with a zigzag on the HA highs and HA lows. There is no high and low on ticks of course, so an auxiliary high and low is created based on tick prices that are current and before the current

The ADX seems to be an underrated indicator, it measures the trend strength, this is unique for a trend indicator and it makes it stand out

https://youtu.be/4RjjKfeEdjs?si=VNm0HbzxWocqLYdm The buildup in this tune brought me right back to the 90s

Codice pubblicato Profit labels for closed trades (deals)

I just found out that a huge amount of disk space was being used up at:

AppData\Roaming\MetaQuotes\Terminal\[Terminal address]\bases\[broker name]\history

AppData\Roaming\MetaQuotes\Terminal\Terminal\[Terminal address]\bases\[broker name]\ticks

I deleted all of that trash, especially on demo accounts, I didn't need the history

Codice pubblicato Volume weighted line chart with smoothing

Codice pubblicato Extreme highs and lows with tick prices

The original zigzag indicator is actually very good only that it has problems that would cause most people to shun it. Problems: It's unknown when the leg has finished its cycle, and leg can keep extending (repaint). Entry signals are not timely. Current market direction is left to be unknown.

I made a few different solutions which tackle all of these issues. The original code from metaquotes was not bad at all, very good in fact, it just needed something extra to mark the completion of the leg. Another code I have is more simplified and does not draw "growing" legs, once a leg is drawn it will be final immediately - shortcoming of this is that it can be more receptive to small noisy market movements.

this "Fractal Chaos Oscillator" seems very good, it gives very reliable sniper entries and compliments other indicators

Codice pubblicato Trade Volume Calculation Tool

crazy looking backtest (putting ideas to work)

Codice pubblicato Position Risk Calculation Tool

Codice pubblicato Risk translation of percentage risk