ZigZag NK Channel - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
In this indicator, the channel is constructed using the three extreme points of ZigZag.
There are two versions of this indicator: with the ZigZag indicator on the chart (ZigZag_NK_Channel2) and without (ZigZag_NK_Channel).
Input parameters:
Attachment download
📎 zigzag_nk_channel.mq5 (20.33 KB)
📎 zigzag_nk_channel2.mq5 (21.54 KB)
Source: MQL5 #579
ZigZag NK Channel - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
ZigZag NK Channel - 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 on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
