Advanced ZigZag Dynamic

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 the distance between minimum and maximum, in addition default distance is calculated dynamically, depending on price swings during the selected period and the multiplier-factor. Distance can also be set a fixed number.

In addition to this line is displayed “reversal” (Reverse) when the last extremum which is fixed and zigzag reverses direction (blue line on the 1 screenshot). Like all the zigzags the last (ie, the current node is not fixed), and it does not appear a point (if enabled mapping of vertices is enabled by default). Also adjacent vertices joined by a line with the calculation of the percentage change with respect to the three adjacent points and the difference in the bars between them. It also displays the length of each of the zigzag line in the main centers and bars. All information is turned off (by default, all inclusive).

An indicator:

  • Fixed pips range – a fixed amount of points, if you do not use a dynamic calculation of the distance between two opposite points (ZZ tops)
  • UseDynamicRange = TRUE – enable / disable dynamic calculation
  • Dynamic volatility period – the period for calculating the currency course for the dynamic calculation
  • Dynamic volatility koefficient – factor of currency course for the dynamic calculation
  • Draw ZigZag lines – on / off the display of the main lines (Compound opposite vertices of the bottom-up or top-bottom)
  • Draw ZigZag descriptions – enabling / disabling displaying information about the main lines
  • Show description points – enable / disable the output points in the information on the main lines
  • Show description bars – Activate / deactivate the number of bars in the information on the main lines
  • Main description font size – the size of the main font of information
  • Main description color – the color of the font basic information
  • Draw ZigZag relations – switching on / off the display of additional lines (Compound vertices bottom and the top-bottom-top)
  • Show relations description – enable / disable output of information on additional lines
  • Show relations percent – enabling / disabling output percent in information about additional lines
  • Show relations points – enable / disable the output points for information on additional lines
  • Show relations bars – Activate / deactivate the number of bars in the information on additional lines
  • Price deviation for% – deviation of the price for the calculation of interest between the vertices
  • Rel.lines description font size – font size detail
  • Rel.lines description color – the color of the font more information
  • Draw ZigZag extremum points – enable / disable display of vertices (default circles)
  • Arrow code for ZigZag extremum points – arrow to display code vertices (you need to look Windings code symbol)
  • Draw ZigZag revers line – on / off the display of reversal lines (reverse)
  • Up revers line color – the color of the reverse line-up
  • Dn revers line color – the color of the reverse line down
  • Up&down shift for description text – shift up / down to the text description
  • Enable Alert message on ZigZag extremum fixing – enabling / disabling the output messages when fixing the top and change of direction
  • Enable
    Notification on ZigZag extremum fixing – enabling / disabling sending notifications when fixing the top and change of direction
  • Enable Sound on ZigZag extremum fixing – enabling / disabling audio playback at vertices fixing and changing direction
  • AlertsSoundFileNameZZ – the name of the sound file for alerts

Version MetaTrader 5: https://www.mql5.com/ru/market/product/5357

Advanced ZigZag Dynamic

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