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RCCZigZagDow Product for MT4

A formidable ally for historical testing with Fixed Perspective through ZigZag and Dow Theory, while also supporting ReviewCandleChart. A recommended tool for those troubled by 'lost perspectives.


Overview

The 'RCCZigZagDow' indicator is a tool that assists in making judgments based on Dow Theory in relation to ZigZag waves. By using ZigZag waves as a basis to derive continuation points according to Dow Theory, it offers the advantage of ensuring that anyone can interpret trends in the same way. The current trend, whether it's 'up,' 'down,' or 'range-bound,' has a clear logic in the waves, and as a result, the perspective on the outcome is also clear. This tool ensures 'objectivity' and 'reproducibility.'

Recommended for those who are troubled by 'lost perspectives.'


Ensuring Objectivity and Reproducibility

This indicator uses ZigZag (unified criteria) to objectively and reproducibly evaluate market waves, supporting judgments based on Dow Theory.
Furthermore, the automatic drawing function significantly reduces the time required for environmental recognition and supports historical testing.
It is important that the same results can be obtained regardless of who uses it, and any subsequent interpretations can be left to individual perspectives.
It serves as a tool to promote common recognition at specific timings.



Settings

---- [ZigZag] ----

<Settings>

- Depth

- Deviation

- Backstep

The default values are Depth: '12,' Deviation: '5,' and Backstep: '3.'

Increasing the Depth value makes the ZigZag peaks and valleys larger, while reducing it makes them smaller.


<Lines>

- Type

- Width

- Color

Configure the ZigZag lines.


---- [Dow Line] ----

<High Line>

- Type

- Width

- Color

<Low Line>

- Type

- Width

- Color

Set the high and low lines for 'rising' and 'falling' Dow Theory.


<Extreme Values>

- High Color

- Low Color

Visualize the values (extreme values) from which ZigZag is calculated.

They are initially set to be hidden.


--- [Show/Hide Key Settings] ---

- ZigZag

- Dow

- Extreme Values

Set keys to control the display and hide options for ZigZag lines.

Set keys to control the display and hide options for Dow's high and low lines.

Set keys to control the display and hide options for extreme values.

The default setting for all is 'None.'


Additional Information (Links)

Please purchase 'ReviewCandleChart' separately from the video.

Trial Version for MT4
Full Version for MT4




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RCCMA is a general moving average indicator that works with ReviewCandleChart. Original is "Custom Moving Average" provided by MetaQuotes Software Corp. Based on that source code, I corresponded to ReviewCandleChart . Advantages When ReviewCandleChart is ON, no line will be displayed on the right side from the vertical reference line. When ReviewCandleChart is ON and you press a key such as "Z" or "X" Following that, the MA is drawn. When ReviewCandleChart is OFF, the same drawing as the origi
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Script to configure "TweetHelper for MT4" environment settings for "Twitter API v2 OAuth 2.0 with PKCE". Client ID   : ${CLIENT_ID} Auth Basic base64   : β string(Base64) Response Code   :   auth_code   to be obtained in step 2 of "Connection Procedure Using OAuth2.0" Callback URI   : the value set in User authentication settings "Callback URI / Redirect URL" TweetHelper trial for MT4  https://www.mql5.com/ja/market/product/54507 TweetHelper for MT4  https://www.mql5.com/ja/market/produc
FREE
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation u
ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation
Fibonacci decorator is a unique product that decorates Fibonacci objects. This indicator can change the specific level line of a Fibonacci object. This tool caters to both beginners and advanced traders using Fibonacci objects. Advantages Supports three Fibonacci objects: Fibonacci Retracement Fibonacci expansion Fibonacci time zones Just add the mark of your choice to the description of a Fibonacci object's level Easy setting This indicator does not work well with Strategy Tester. Please down
It is a utility (Expert Advisors) that you can easily tweet from MetaTrader Support for "Twitter API v2 OAuth 2.0 with PKCE". Just add a few lines of code to the   Indicator ,   EA   or   Script   you create TweetHelper will tweet a message for you. Preparation: Please apply for a developer account to access the Twitter API. Please refer to the following for setting details and procedures. Example of code (script) for using TweetHelper https://www.mql5.com/ja/code/31044 MetaTrader settin
A formidable ally for historical testing with Fixed Perspective through ZigZag and Dow Theory, while also supporting ReviewCandleChart. A recommended tool for those troubled by 'lost perspectives. Overview The 'RCCZigZagDow' indicator is a tool that assists in making judgments based on Dow Theory in relation to ZigZag waves. By using ZigZag waves as a basis to derive continuation points according to Dow Theory, it offers the advantage of ensuring that anyone can interpret trends in the same
Script to configure "TweetHelper for MT5" environment settings for "Twitter API v2 OAuth 2.0 with PKCE". Client ID   : ${CLIENT_ID} Auth Basic base64   : β string(Base64) Response Code   :   auth_code   to be obtained in step 2 of "Connection Procedure Using OAuth2.0" Callback URI   : the value set in User authentication settings "Callback URI / Redirect URL" TweetHelper trial for MT5   https://www.mql5.com/ja/market/product/54832 TweetHelper for MT5    https://www.mql5.com/ja/market/
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