Training Chart Generator/Controller
Training Chart Generator/Controller
ZigZag Based on Close Prices Based on indicator ZigZag which is in-built in MT4, developed by MetaQuotes. It is changed slightly so that it isn’t calculated on highest Highs and lowest Lows, but instead uses highest Close and lowest Close of chart price history. See chart below for differences: ZigZag (red) versus ZigZagClose (yellow).
This indicator places a mark (a semaphore, spelling is semaphore and retained from the original) at the zig-zag for each of 4 zig zag evaluation lengths. This means the zig-zag does not draw lines on the charts, just marks the locations of the zig-zags. The algorithm is one of the simpler algorithms for zig-zag, found in a…
Currency Strength The Currency Strength indicator shows the relative strength of a currency compared to seven other currencies. You can combine 2 currencies in the same window and trade on the crossing.
Tether Line Draw Red Line means the market UP. Otherwise, draw Blue Line means the market Down.
Power of GBP with average Power of XXX with average indicator Version 229.201 The indicator is a new version of a previously published indicator showing the relative actual strength of currency XXX. Zero lines (0.0) presents average with a chosen period (AveragePeriod variable). The indicator calculates its value of close prices of 7 pairs containing currency…
Power of CHF with average Power of XXX with average indicator Version 229.201 The indicator is a new version of a previously published indicator showing the relative actual strength of currency XXX. Zero lines (0.0) presents average with a chosen period (AveragePeriod variable). The indicator calculates its value of close prices of 7 pairs containing currency…
Power of JPY with average Power of XXX with average indicator Version 229.201 The indicator is a new version of a previously published indicator showing the relative actual strength of currency XXX. Zero lines (0.0) presents average with a chosen period (AveragePeriod variable). The indicator calculates its value of close prices of 7 pairs containing currency…
Power of NZD with average Power of XXX with average indicator Version 229.201 The indicator is a new version of a previously published indicator showing the relative actual strength of currency XXX. Zero lines (0.0) presents average with a chosen period (AveragePeriod variable). The indicator calculates its value of close prices of 7 pairs containing currency…