Zig Zag Extrema On Array
Info
The Zig Zag Extrema On Array is a Library for MetaTrader 5 that to get only highs or only lows there is an additional input of type ensearchmode:only highs:only lows:both highs and lows in one buffer:it is not restricted to indicator buffers, you can use it on any array, just set "rates" to the length of the array instead of rates_total. The absolute minimum number of bars that this function can hadle is 100.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Zig Zag Extrema On Array
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
To get only highs or only lows there is an additional input of type EnSearchmode:Only Highs:Only Lows:Both highs and lows in one buffer:It is not restricted to indicator buffers, you can use it on any array, just set "rates" to the length of the array instead of rates_total.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Inc MA On Array - another powerful library for MetaTrader 5 traders.
To get only highs or only lows there is an additional input of type EnSearchmode:
Only Highs:
Only Lows:
Both highs and lows in one buffer:
Also recommended: Inc AT R On Array - similar library with strong performance on MetaTrader 5.
It is not restricted to indicator buffers, you can use it on any array, just set "rates" to the length of the array instead of rates_total.The absolute minimum number of bars that this function can hadle is 100. So although you can use this calculation function on an array of a few hundred bars, in indicator buffers, rates_total is usually a few thousand.
You may also like: Inc AD X On Array - excellent alternative for library users on MetaTrader 5.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.