Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
The indicator is constructed on the basis of ZigZagHistory (https://www.mql5.com/ru/market/product/37376).
At the same time calculated on the current timeframe and on the specified high.
The history of the high timeframe is displayed by hollow squares.
The history of a current timeframe is displayed by rhombuses.
Colors and the sizes of signs can be adjusted.
Attention! The Price noise parameter - has significant effect on formation of extrema.
Parameters:
High TimeFrame (HTF) - the high timeframe;
HTF Depth is depth of searching of a local extremum in bars on the high timeframe;
HTF Price noise - is standard value of price noise for the HTF and the tool;
HTF Backstep is depth of correction of global extremums in bars on the high timeframe;
CTF Depth is depth of searching of a local extremum in bars on the current timeframe;
CTF Price noise - is standard value of price noise for the current timeframe and the tool;
CTF Backstep is depth of correction of global extremums in bars on the current timeframe;
ShowHistory - switch on/off display of history;
On minute calc - is switching ON/OFF of calculation on minute bar (it is switched off - calculation on each tic).
