Re: Metatrader 5 Versions of indicators.

291
Tsar wrote: Sat May 27, 2017 9:20 pm М & W Wave Patterns by Merrill - Part 1



FivePattern__3.png


Description :
This technical indicator shows М & W Wave Patterns by Merrill & Support/Resistance levels drawn at extreme points of the standard ZigZag indicator.
A. Merrill classified five-pointed shapes based on the order of the points from top to bottom, and created an orderly classification model M & W Waves.


Here they are :


M-Wave.jpg


W-Wave.jpg


The dynamic pattern by A. Merrill is the pattern that can vary over time. The dynamic pattern is on the first four right zigzag rays. In this indicator all patterns are considered dynamic. To provide this condition, the concept of mutation of waves was artificially introduced (see below) and the algorithm of the classic Zigzag indicator was slightly modified.

As for the core of the extreme search algorithm - Zigzag, this algorithm is a "temporary (quick) decision" and certainly requires replacement. Since most of the errors are associated with pattern detection NOPATTERN (see in enum NamePattern in the MyCPattern.mqh file) - this is an error of the search engine.
Hello

Do you have a mt4 version??




Re: Metatrader 5 Versions of indicators.

296
Updated Shved Supply and Demand indicator for MT5.

From the coder:

"I also added history mode to indicator. Set "historyMode" parameter to true then "double click" on any point in price chart to see Support and Resistance zones in that point. Indicator uses fractals and ATR indicator to find and draw support resistance zones on price chart."
These users thanked the author rudiarius for the post (total 3):
binaryverseofficial, Lodi, fantom_spb


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