ZigZagus Parabolicus MT4

This indicator significantly expands the capabilities of the usual ZigZag due to the addition of parabolic channels at the earliest stage of their inception.

Download the demo version and test it in the tester. All graphics in the tester are working.

But the ZigZag algorithm is special here, because it is implemented on a unique author's ultrafast loop-less algorithm for calculating parabolic regression and calculating its standard deviation.

The features of this ZigZag are:

• Fast calculation, regardless of the period. Therefore, the gain in speed is especially felt at higher periods.
• Two parameters instead of three: the period of parabolic regression and the coefficient of increase in the value of the standard deviation (the width of the parabolic channel)
• High adaptability to flat and trend

For the convenience of operating the indicator, a new intuitive interface has been developed, also designed for screens with touch control.

The simplest test strategy with displaying the Balance chart and displaying deals on the screen is also implemented. Green circle - Buy. Red circle - Sell. The price is strictly in the center of the circle.

This strategy opens a sell trade if the newly formed parabolic channel "looks" down, and a buy trade if up. The spread is taken into account based on the last spread when the indicator was loaded.

If this indicator is in demand, the strategies will expand.

Please report any errors you find, they will be promptly eliminated.