Analysis of the waves

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.

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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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