Showing posts with label Zigzag indicator. Show all posts
Showing posts with label Zigzag indicator. Show all posts

Saturday, January 31, 2026

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

1. Introduction

In the world of technical analysis, the ZigZag indicator is legendary for its ability to filter market noise and highlight the true structure of the market—its peaks and troughs. However, every veteran trader knows its greatest weakness: it repaints. A confirmed low today can disappear tomorrow if the price continues to drop.

Thursday, November 21, 2024

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

Introduction

The Expert Advisor discussed in this article is a multi-currency trading robot that uses the Zigzag and RSI indicators. It follows a strategy of opening Buy trades when the price dips below the RSI oversold line and Sell trades when the price rises above the RSI overbought line. It also includes pending limit orders and a lot size multiplier Martingale system.

Featured Post

How to create a simple Multi-Currency Expert Advisor using MQL5 with Zigzag and RSI Indicators Signal

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert Introduction The Expert Advisor discussed in this article is a mult...