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Binarium
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MQL5 Source Codes of Technical Indicators for MetaTrader 5
MQL5 technical indicators analyze MetaTrader 5 price charts on Forex, as well as stock and commodity markets. Indicators define trend direction and power, overbought and oversold states, support and resistance levels. Underlying mathematical models provide objective assessment of the current market state allowing traders to accept or reject trading system’s signals.
You can download and launch offered indicators in MetaTrader 5. The library of indicators is also available directly from MetaTrader 5 platform and MetaEditor development environment.
FiboPivotCandleBar MetaTrader 5 is a composite of several forex indicators, Fibonacci, Pivot Point, ZigZag, MACD and Moving Average which are combined in this indicator.
Non Lag Relative Strength Index for MT5 Eliminates unnecessary preliminary calculations on the built-in RSI.
Volume Profile + Range v6.0 (former TPO). Distribution of deals by price levels at a given time interval. Displayed as a histogram. The width of the histogram at the level means the number of transactions carried out on it. All Credits of this Amazing indicator to Olexiy Polyakov. I have just fixed the iBarShift and iTime issues, since this is such a great indicator for traders ! Now it is working fine with this files.
What is the Zig Zag Indicator in Binary Options Trading?
Successful binary options traders are always looking for useful indicators to inform their future trades and the Zig Zag indicator is one of the most commonly spotted. A trend following indicator, it is generally used in wave analysis to measure trend retracement and to weed out any fluctuations in the short term in favour of long term reversals. The Zig Zag indicator is based on the premise that it always changes direction when the direction of the underlying asset has changed and moved more than a specific amount. This will produce a pattern of straight lines that appear to zig zag across a technical analysis chart, thus giving it its name. The Zig Zag indicator can be applied when trading a wide variety of assets and is a coincident indicator that is applied most commonly to wave analysis. This indicator is best for longer term traders rather than those who favour short term trading because it requires a larger movement to trigger a change and is therefore quite backward looking.
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Binarium
1 miejsce w rankingu! Najlepszy wybor dla poczatkujacego!
Bezplatne konto szkoleniowe i demo!
Bonus za rejestracje! -
How Does the Zig Zag Indicator Work?
Depending on the type of chart used, the calculation for the zig zag line will be different. If a dot, mountain or line style chart is used, the zig zag line will be based on the closing prices, while if an OHLC or candlestick chart is in use, the zig zag lines will be based on the high/low range of the asset. These will be more sensitive to movement that a zig zag line based on solely the closing price as the high/low range is more likely to be larger than the range that is found from one closing price to the next.
Broker | Early Expire | Average Return | Min Deposit | Min Trade | Rating | More |
---|---|---|---|---|---|---|
✔ | 90% | $ 10 | $ 1 | ★★★★★ | ||
✔ | 95% | $ 10 | $ 1 | ★★★★★ | ||
× | 95% | $ 250 | $ 1 | ★★★★★ | ||
× | 85% | $ 10 | $ 1 | ★★★ |