ZigZag With Channels Indicator

pin12 wrote: Thu Jan 15, 2026 8:47 am ZigZag With Channels Indicator

This indicator did -nen at my request. I outlined the technical specifications and he did it. This happened on the MQL5 forum in its topic about Harmonic Patterns. Neither he nor I knew what it would look like on the chart, and when we saw it, I decided that some details needed to be added. But he didn’t want to redo it and now there’s only this version.
I hope that one of the coders will be interested and make a new version in better quality

pin12 wrote: Thu Jan 15, 2026 8:47 am ZigZag With Channels Indicator

P.S.
In this indicator, channels should be removed; they are not needed, because only target levels matter. To identify them, channels are built. You should also remove all goals except for only one relevant one, the one towards which the price is currently moving. And additional levels of goals should also be added.
Maybe someone can do this, then a very powerful tool for market forecasting will appear