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ZigZag 2 Ray - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource

author EAcpu | 2 reads | 0 comments |

ZigZag 2 rays - indicator for MetaTrader 5

The standard zigzag is supplemented by support and resistance levels.

ZigZag 2 rays - indicator for MetaTrader 5

The same indicator implemented in MQL4 is available here: https://www.mql5.com/en/code/8469 . ZigZag MetaQuotes software company can be downloaded at https://www.mql5.com/en/code/56 .


Attachment download

📎 zigzag_2_line.mq5 (29.11 KB)

Source: MQL5 #18319

ZigZag 2 Ray - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions

ZigZag 2 Ray - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. 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.

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