ZigZag Indicator with Trend Identification

MQL4 指标

工作已完成

执行时间2 分钟
客户反馈
With commitment and patience

指定

Hi,

i need an ZigZag Indicator which also identifies the higher trendlevels.

The ZigZag indicator should start at a reltive high or low. Relative high is where the previous high of a candle and the next high of a candle was lower, relative low same but the previous low and next low must be higher. There should be an input how many candles in the past the indicator should look for this, e.g. 100, means 100 candles back, if 102 fullfill the creteria of relative high or low, then start with this.

Once the first candle found, the indicator should paint the lines indicating an upward or downward movement.

(1) Upward (2) cannot occur as there isnt a relative high or low (3) downward (4) neutral, wait for next candle

Once the initial movement is defined, all of the four situations above may occur. Lets assume there is an upward movement. (1) Continuing upward (3) turning from upward to downward (4) neutral, next candle, still upward .... what about (2)? its having higher high and lower low. Rule here: The existing overrules, if upward, then continuing upward when the candle body is long, if downward, continuing downward, WHEN the candle body is short, else turn.

On this lowest trendlevel the trend is defined. Its going up and down, creating 123 pattern. The next higher trendlevel only refers to the lowest trendlevel. As long the lowest trendlevel is in a downtrend, the upper trendlevel is in a downward movement, if the lowest trend is in an upward trend, the upper trendlevel is in an upward movement.

Ok but when the upward / downward movement of the upper level begin? When the lowest level starts an upward or downward trend by 123 pattern. Attention! When the lowest trend level breaks an upward or downward trend is the same as if a counter trend established.

Input is the number of historic candles. Outcome is the lowest trend level with lines, as per logic, it doesnt repaint. The upper level is painted based on the lowest trendlevel and will not repaint too.

Example

more examples grey line is lowest trend level, green and red are the upper trend




Another example for clarification,the lowest trend level (grey line) follows the highs and lows of the candles. Only the four situations explained above can occur. The upper trend level only follows the lowest trend level. You see how the trend breaks at the lowest level also defines upward or downward movements of the upper level. I have more examples if needed.




反馈

1
开发者 1
等级
(49)
项目
134
27%
仲裁
62
13% / 53%
逾期
58
43%
空闲
2
开发者 2
等级
(362)
项目
506
40%
仲裁
147
18% / 72%
逾期
99
20%
已载入
3
开发者 3
等级
项目
0
0%
仲裁
0
逾期
0
空闲
4
开发者 4
等级
(128)
项目
236
65%
仲裁
30
37% / 23%
逾期
49
21%
空闲
5
开发者 5
等级
(586)
项目
1048
49%
仲裁
39
28% / 41%
逾期
49
5%
空闲
6
开发者 6
等级
项目
0
0%
仲裁
0
逾期
0
空闲
7
开发者 7
等级
(219)
项目
370
42%
仲裁
145
17% / 41%
逾期
124
34%
空闲
8
开发者 8
等级
(4)
项目
4
75%
仲裁
0
逾期
0
空闲
相似订单
good day i have an indicator but need the source for this reason The indicator only work on a single Time frame open trade, and close with only a single TF i will like the indicator work on multiple time frame just like other installed indicator My coder said the reason it cannot work like other indicator installed is because it has no buffer First confirm if you have the source code because its a popular indicator
Hello! I am looking for an experienced Pine Script coder to create a custom indicator for mapping market structure based on fractals. The developer must be skilled in Pine Script and have a solid understanding of how to code market structure indicators. Looking forward to working with a talented developer
Hello developers, I would like to hire someone can convert the Radar Signal indicator: https://www.youtube.com/watch?v=5DmKcy7rb-U&nbsp ; to it's TradingView equivalent. Radar signal indicator is the combination of 7 classic MT4 indicators. They include ADX, RSI , CCI , OsMA, ATR, WPR. The indicator shows the values of these indicators in blue and red. Red color indicates a bearish market condition and the blue shows
Hi , i want a indicator that shows the trades history on the chart, just for current day, like : first trade : -54 Second trade : -52 Third trade : +126 , and after three trades, display "No more trades"
Hello i need someone who can convert a trading view indicator into an mt5 indicator that can work smoothly also need to add an alert on the indicator i will require to test the indicator run it for 1-2days to confirm all is okay thank you
Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the open): Draw a Fibonacci Retracement: From the highest price to the lowest price of this candle. Check the
Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the open): Draw a Fibonacci Retracement: From the highest price to the lowest price of this candle. Check the
I have an equity reporter. This equity reporter displays the maximum and minimum equity reached over a specific interval. So, if the interval is set to 24 hours, the script will generate data in the format: "Profit ATT" (profit AtThatTime) shows max./min. during the specific interval This specific report shows data in pips. It can also be set to display in price or percentages. The interval is also easily adjustable
I want you to make me an indicator in Training View. Its idea is very simple, and I want it to have an alarm. Here's a clearer step-by-step guide to checking the last 50 candles on your chart and applying Fibonacci retracement levels based on their colors: Identify Candle Color: Start from the 100th candle from the left on the chart and check its color. If the 100th candle is green (i.e., the close is higher than the
Hello, is it possible to be made accommodation of provided signal for Forex for mt4? I bought a signal for multiple pairs. it is executing all pair.I want to use it on couple of pairs.Is it possible to be made some modifications?I do not have codes for the signal

项目信息

预算
100+ USD
VAT (19%): 19 USD
总计: 119 USD
开发人员
90 USD
截止日期
 5 天