Three Indians Indicator

Name: Three Indians
Download: 3_IndiansZZ.mq4 (7.8 Kb)

Description:

There are two basic methods:

Trade on a trend - less risky method when a pattern crowns with itself the termination of correction of already developed trend, and gives a signal to its continuation:


Trade on a turn, more risky method when a global change of the tendency is supposed, in this case waves of the patern should be more significant on the size in relation to a trend or its last wave:


Options:
The beginnings and the middle of lines are located on 1st and 2nd prospective Indians accordingly.

extern int ExtDepth=10;//zigzag options
extern int ExtDeviation=5;
extern int ExtBackstep=3;
extern double K_MinWave=0.6;//the minimum size of a wave from 1st Indian in relation to a wave of 2nd, to filter small waves
extern int Depth=3;///depth of search of 1 Indian, accounting the filter, but is no more 10!

And further history, colours and a thickness of lines...

Result:


Source: Mql4.com

1 comments:

Unknown said...

thanks so much

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