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You liked the script? Try it in the MetaTrader 5 terminal
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- 7274
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- Published:
- 2024.12.22 19:05
- Updated:
- 2024.12.22 19:06
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This is a pretty simple startegy that follows trend. Recommended time frame is D1.
- when close price brakes up the EMA build based on high prices given that RSI is above 55 - expert buys.
- when close price brakes down the EMA build based on low prices given that RSI is below 45 - expert sells.
- system closes previose trade if there is opposite signal
- system uses take profit and stop loss

ZigZag with automatic step size detection for changing wave direction.

Another version of ZigZag, where the step size for changing the direction of the segment is set in price points.

Moving average with calculated period based on timeframe

The indicator shows the names of the days of the week as text labels on the chart.