Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
The idea of the indicator is based on the ZigZag indicator using a new equation with the addition of volume.
Inputs
- InpDepth — Depth.
- InpDeviation — Deviation.
- InpBackstep — Backstep.
- Enable_Alert — audio and text notifications on a trend change.
- Send_Notifications — push notifications to mobile devices.
- E-mail alert — email notifications. Make sure to configure email parameters in the terminal settings.
Features
- The indicator does not repaint.
- The indicator does not recalculate.
- The indicator works on all timeframes.
- The indicator works on all pairs, stocks, currencies, metals, futures and CFDs.
- It gives signals on the current candle.
How to Trade
- Open a buy trade when an up arrow appears.
- Open a sell trade when a down arrow appears.
Important reminder: To use the indicators in an efficient way, the preferred timeframe for trading is 30 minutes and also 60 minutes.
