Zigzag2_R_Color_Arrows_HTF – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • The Zigzag2_R_Color indicator with the timeframe selection option in the input parameters and display of values as fractal labels:

    input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

    To provide correct operation of the indicator, place the compiled Zigzag2_R_Color.mq5 indicator file in terminal_data_folder\MQL5\Indicators.

    Fig.1. Zigzag2_R_Color_Arrows_HTF indicator

    Fig.1. Zigzag2_R_Color_Arrows_HTF indicator

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window