- June 24, 2013
- Posted by: Forex Wiki Team
- Category: FX Ind
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| Author: | cmillion (2010.02.22 10:03) | ||
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Description:The trend determination is based on ZigZag indicator. An each trend is marked with rectangle with different colors. The information about trend (h-size, v-average volume, s-speed in pips/hour) is displayed in the upper/lower corners. The current trend is considered from the beginning of the last rectangle. Image:
The Advices:It's possible to use this indicator for the analysis of the Ellott Waves and for the trading using the information of the price velocity changes. |
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![Analysis of the waves [ ru ] 1](http://www.mql4.com/i/ico/mq4.gif "Analysis Of The Waves [ Ru ] 1"){kind=small}
![Analysis of the waves [ ru ] 2](http://codebase.mql4.com/c/codebase/2010/02/wawes_1.gif "Analysis Of The Waves [ Ru ] 2")
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