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ZigZag_XMACandles - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 6 reads | 0 comments |

ZigZag_XMACandles - indicator for MetaTrader 5

ZigZag is based on XMAC Candlestick indicator candles. In a sense, this is a smooth zigzag!

This indicator requires XMACandles.ex5 in \MQL5\Indicators compiles the indicator file so that the ZigZag_XMACandles indicator runs correctly.

ZigZag_XMACandles - indicator for MetaTrader 5

Figure 1. ZigZag_XMACandles indicator


Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 XMACandles.mq5 (14.26 KB)

📎 ZigZag_XMACandles.mq5 (23.06 KB)

Source: MQL5 #16650

ZigZag_XMACandles - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

ZigZag_XMACandles - 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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