ZigZagOnParabolic_channel - MetaTrader 5 Script - MT4/MT5 Resource
Real Author : Earn Forex
Channel Parabolic ZigZag indicator based on peaks and troughs.
Figure 1. ZigZagOnParabolic_channel indicator
Attachment download
📎 zigzagonparabolic_channel.mq5 (25.64 KB)
Source: MQL5 #18752
ZigZagOnParabolic_channel - MetaTrader 5 script usage and screening recommendations
ZigZagOnParabolic_channel - MetaTrader 5 script is a resource related to Forex indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •