MetaTrader 5
EA
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Description:
ZigZag Indicator tracks and connects extreme points of the chart, the distance between these points being equal or higher than the percentage specified for the price scale.
Depth is the minimal amount of bars where there will not be the second maximum (minimum) Deviation pips higher or lower than the previous one. I.e., ZigZag can always diverge, but it can converge (or completely draw together) more than at the Deviation value only after Depth bars. Backstep is the minimal amount of bars between maximums/minimums.
After the ZigZag has captured the lowest point, it starts to search for the turn point until the rollback down from the maximum value exceeds the parameter. As soon as rollover down exceeds the parameter, the second (in this case, the upper) point is considered for captured, and ZigZag starts to search for the third one (in this case, for the lower one), etc.
Full description of ZigZag is available in the Technical analysis: ZigZag
Image:
ZigZag indicator
由MetaQuotes Ltd译自俄语
原代码： https://www.mql5.com/ru/code/7796
Stochastic Oscillator, Stochastic
The Stochastic Oscillator Indicator compares where a security’s price closed relative to its price range over a given time period.
相对强弱指数指标(Relative Strength Index, RSI)
相对强弱指数 (RSI) 技术指标是在0到100之间跟随价格的震荡指标.
