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Indicators

ZigZagOnParabolic_HTF_Levels - indicator for MetaTrader 5

Views:
6933
Rating:
(28)
Published:
2014.04.25 14:45
Updated:
2016.11.22 07:32
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A set of support and resistance levels built on the last tops of ZigZagOnParabolic_HTF with an option of fixing the timeframe, on which the zigzag is calculated.

To provide correct operation of the indicator, place the compiled ZigZagOnParabolic_HTF.mq5 and ZigZagOnParabolic.mq5 indicator files in terminal_data_folder\MQL5\Indicators.

Figure 1. Indicator ZigZagOnParabolic_HTF_Levels

Figure 1. Indicator ZigZagOnParabolic_HTF_Levels

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2250

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The ZigZagOnParabolic indicator with the timeframe selection option available in input parameters.

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Another interpretation of the ZigZag indicator.

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The RSI oscillator with two signal lines.