This simple technical indicator constructs zigzag line, using as a model indicator Fractals Bill Williams.
The principle of operation of the indicator is very simple and is as follows: from the latest fractal graphics draw a line to the next fractal, which is on the opposite side of the price of candles, and so on, until the line reaches the very first fractal graphics.
This technical indicator is no input parameters that would need to be adjusted.
Advanced ZigZag Dynamic This lamp differs from the conventional ZigZag in that the calculation of new peaks is carried out not by the number of bars, and…
Envelopes Stepper Technical Envelopes indicator moving averages is formed, one of which is shifted upwards, and the other – downwards. Envelopes define…
Support and Resistance Levels on AZZD and EF MTF-light support and resistance levels, built on extremes Advanced ZigZag Dynamic indicators and / or…