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ZigZag Medvedev Close for MQL5


The indicator is developed on the basis of a two-buffer scheme, does not require any additional settings and can be used on any financial instrument without restrictions. The indicator is a well-known ZigZag, but it does not redraw and, as practice shows, allows you to easily detect significant levels on the price chart, and also demonstrates the ability to determine the likely direction of price movement. As the basis of its calculation, the closing prices of the candle are used, which makes it an indispensable assistant for those who determine their trading strategy at these levels.

  • MinBars – the number of calculated bars, by default – 500. Zero value-for the entire available history.

I will gratefully accept your constructive suggestions and feedback.

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