Average OHLC ZigZag 外汇EA

The ‘Average OHLC ZigZag‘ indicator was designed for entry confirmations as well as scalping with a larger trend.

A custom formula to average the last two bars to generate arrows following market trends with bar 1 confirmation.

Key Features

• An extreme scalper calculating the averages between the last two market periods to generate a buy or sell arrow.
• No settings are available due to it’s simplicity of custom price action pattern and using repainting four OHLC prices. 

Input Parameters

• ZigZagPos = Averaged OHLC; – ZigZag Position: “Averaged OHLC”, “Highs & Lows” or “None”.

Integration

• This indicator produces prices of the zigzag and of the arrows which can be compared with it’s adjacent buffer.
• There must be a value on one buffer and not the other, represented by a value of EMPTY_VALUE.

Improvements

• Please be sure to leave any ideas, tips and suggestions in the “Reviews” section and they may be included.