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Uni Zig Zag Channel V2.6 600

Uni Zig Zag Channel V2.6 600 is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the ZigZag swing tracer and price channels. This copy is version 2.6.600. Its source code uses ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 37 settings, for example Time Frame (default 0), Up Band Price (default 2) and Lo Band Price (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file 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 · v2.6 · Free

About Uni Zig Zag Channel V2.6 600

Uni Zig Zag Channel V2.6 600 is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 37 settings, such as Time frame, Up band price and Lo band price. MQL source code included.

Files in the download: UniZigZagChannel_v2.6 600+.mq4.

Settings

SettingDefaultWhat it does
Time frame0Timeframe
Up band price2Upper Band Price
Lo band price3Lower Band Price
Break out mode0Breakout Mode
Reversal value50Reversal Value according to Retrace Method
Retrace method0Retrace Method
At rperiod50ATR period (RetraceMethod=3)
Show zig zagtrueShow ZigZag
Signal mode0Signals Mode
Show price channeltrueShow Price Channel
Zig zag channel mode2ZigZag Channel Mode
Count bars0Number of bars counted: 0-all bars
Patterns==== Patterns : ====
Pattern mode2Pattern Mode
Dbl tb reversal value3Double Top & Bottom Reversal Value
Bullish colorclrAquamarineBullish Color
Bearish colorclrLightCoralBearish Color
Font nameWingdingsFont Name
Font size12Font Size
Line width2Line Width
Trend channel==== Trend Channel: ====
Trend channel mode0Trend Channel Mode
Pivot from right0Number of the 1st pivot from the right(0-current pivot)
Pivots from left5Pivots to the 2nd pivot from left side
Up trend channel colorclrDeepSkyBlueUpTrend Channel Color
Dn trend channel colorclrTomatoDnTrend Channel Color
Unique nameunizzUnique Name
Alerts=== Alerts, Emails & Notifications ===Turn this alert on or off
Alert onfalseAlert On/Off
Alert shift1Alert Shift:0-current bar,1-previous bar
Sounds number5Number of sounds after Signal
Sounds pause5Pause in sec between sounds
Up trend soundalert.wavUptrend Sound Name
Dn trend soundalert2.wavDowntrend Sound Name
Email onfalseEmail On/Off
Emails number1Emails Number
Push notification onfalsePush Notification On/Off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: ZigZag · Channels & Envelopes · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria