Forex Zig Zag Histogram Binary Options Strategy
Forex Zig Zag Histogram Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the ZigZag swing tracer. Its source code uses ADX. It draws arrows on the chart and can send alerts. It has 5 settings, for example ADXbars (default 14), Count Bars (default 350) and Depth (default 12). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 7 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Zig Zag Histogram Binary Options Strategy
Forex Zig Zag Histogram Binary Options Strategy is an indicator for MetaTrader 4 based on ADX. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 5 settings, such as Ad xbars, Count bars and Depth. MQL source code included.
Files in the download: installation manual.txt, PivotAlert.ex4, SixtySecondTrades.ex4, SixtySecondTrades_Alerts.ex4, SixtySecondTrades_Alerts.mq4, ZagZig.ex4, Zig Zag Hist 1 min tf.tpl, Zig Zag Hist system intraday system.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ad xbars | 14 | |
| Count bars | 350 | |
| Depth | 12 | Depth |
| Deviation | 5 | Deviation |
| Backstep | 3 | Backstep |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ZigZag · Binary Options · Buy/Sell Arrows · Alerts · ADX · MT4 Indicator · MQL4 Source Code