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ZigzagTrader

The Expert Advisor works on the basis of determining the signal patterns of the ZigZag indicator of various tamframes (multi-patterns).

The combination of the descending patterns of the three timeframes is a signal for opening a long position due to the delay rules. Simply put, when the market has already won back the fall, the indicator patterns only indicated this fall.

Recommended trading tools: 15m: GBPUSD, EURGBP, EURUSD, EURJPY, GBPJPY, USDCAD.

Current settings (default) are universal for recommended trading instruments.

To work correctly, the advisor requires a low spread and the use of a remote server (VPS).

Settings:

  • Max Risk - Risk to calculate the trading lot;
  • If Max Risk = 0, Lot will be - If Max Risk = 0, the lot will be like this;
  • Max Lot - Maximum lot limit;
  • Depth ZZ - Setting the Depth of the ZigZag indicator;
  • Deviation ZZ - Setting the Deviation of the ZigZag indicator;
  • Backstep ZZ - Setting the Backstep of the ZigZag indicator;
  • TakeProfit - Take Profit;
  • StopLoss - Stop Loss;
  • TrailingStop - Start Trailing Stop;
  • TrailingStep - Step Trailing Stop;
  • Magic - Magic number;
  • Slippage - slippage level;
  • Max spread - the maximum spread;
  • Comment to orders - Comment on opened orders.

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