Gold with No Drama

Quoting MorleyFX

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{quote} what are these "Mother" and "child" I always see you refer to ?

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Quoting Raventine

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{quote} how you get those projection?

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Quoting MorleyFX

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{quote} what are these "Mother" and "child" I always see you refer to ?

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Quoting Deal

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{quote} Well didn't find it, but i resume because i do not complicate patterns using H/L open/close. The mother is the last 30m candle prior to the break of Ny time windows between 9:30/10:30 am Ny time and the child is the 5m- For this two candles have meaning you first need a breakout to validate them. If you look by mother body just by itself, any wick on 30m of H/L or the mean is signiling rejection and the hight probability next candle will be opposite, the same at 4H. When a 4H don't respect, most likely you will see next one mitigate the...

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Quoting MorleyFX

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{quote} Thank you for sharing ! I’ll do my best to learn more on this.

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Quoting azhantahir

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4011/4015 is not a friendly bullish proposal—a lot of price twists. Need validation for it. Waiting is painful. Don't blindly follow. IMHO {image}

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Quoting PatienceFx

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{image}

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Quoting sunilpawar

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Short at 4022 TP Open SL 4050

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//+------------------------------------------------------------------+
//|                                        ZigZag_HorizontalLines.mq4|
//|                                                      Your Name/Company|
//|                                       https://www.mql4.com|
//+------------------------------------------------------------------+
#property copyright "Your Name/Company"
#property link      "https://www.mql4.com"
#property indicator_chart_window
#property indicator_buffers 0 // We use objects to draw lines, so no indicator buffers needed
//--- indicator parameters
extern int ZigZagDepth = 12;
extern int ZigZagDeviation = 5;
extern int ZigZagBackstep = 3;
extern color LineColorHigh = Red;
extern color LineColorLow = Blue;
extern int LineStyle = STYLE_SOLID; // 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot
extern int LineWidth = 1;
extern bool DeleteLinesOnDeinit = true;
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
{
    // Check if the indicator is on the main chart window
    if (WindowFind("ZigZag_HorizontalLines") == -1) // Simple check to avoid issues if attached to subwindow
    {
        // Object names will be unique using current symbol, timeframe, and price
    }
    return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function                       |
//+------------------------------------------------------------------+
int deinit()
{
    if (DeleteLinesOnDeinit)
    {
        ObjectsDeleteAll(0, "ZigZagLine_"); // Delete all objects with this prefix
    }
    return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int start()
{
    int counted_bars = IndicatorCounted();
    if (counted_bars < 0) return(-1);
    if (counted_bars > 0) counted_bars--;
    int limit = Bars - counted_bars;
    
    // Ensure we start processing from the most recent bars
    if (limit > Bars) limit = Bars;
    // Iterate through bars to find ZigZag points
    for (int i = limit; i >= 0; i--)
    {
        // Get ZigZag values for Highs (Mode 0) and Lows (Mode 1)
        double zzHigh = iCustom(NULL, 0, "ZigZag", ZigZagDepth, ZigZagDeviation, ZigZagBackstep, 0, i);
        double zzLow = iCustom(NULL, 0, "ZigZag", ZigZagDepth, ZigZagDeviation, ZigZagBackstep, 1, i);
        // Check for a new ZigZag high point
        if (zzHigh > 0 && zzHigh != EMPTY_VALUE)
        {
            // Create a unique object name
            string objName = "ZigZagLine_High_" + DoubleToStr(zzHigh, Digits) + "_" + TimeToStr(Time[i], TIME_DATE|TIME_SECONDS);
            if (ObjectFind(objName) == -1) // Only create if not already existing
            {
                ObjectCreate(objName, OBJ_HLINE, 0, 0, zzHigh);
                ObjectSetText(objName, "ZZ High", 8, "Arial", LineColorHigh);
                ObjectSetString(objName, OBJPROP_TOOLTIP, "ZZ High at " + DoubleToStr(zzHigh, Digits));
                ObjectSetInteger(objName, OBJPROP_STYLE, LineStyle);
                ObjectSetInteger(objName, OBJPROP_WIDTH, LineWidth);
                ObjectSetInteger(objName, OBJPROP_COLOR, LineColorHigh);
                ObjectSetInteger(objName, OBJPROP_BACK, False); // Ensure line is in front
            }
        }
        // Check for a new ZigZag low point
        if (zzLow > 0 && zzLow != EMPTY_VALUE)
        {
            // Create a unique object name
            string objName = "ZigZagLine_Low_" + DoubleToStr(zzLow, Digits) + "_" + TimeToStr(Time[i], TIME_DATE|TIME_SECONDS);
            if (ObjectFind(objName) == -1) // Only create if not already existing
            {
                ObjectCreate(objName, OBJ_HLINE, 0, 0, zzLow);
                ObjectSetText(objName, "ZZ Low", 8, "Arial", LineColorLow);
                ObjectSetString(objName, OBJPROP_TOOLTIP, "ZZ Low at " + DoubleToStr(zzLow, Digits));
                ObjectSetInteger(objName, OBJPROP_STYLE, LineStyle);
                ObjectSetInteger(objName, OBJPROP_WIDTH, LineWidth);
                ObjectSetInteger(objName, OBJPROP_COLOR, LineColorLow);
                ObjectSetInteger(objName, OBJPROP_BACK, False);
            }
        }
    }
    return(0);
}
// Helper function to delete all objects created by this indicator
void ObjectsDeleteAll(int chart_id, string prefix)
{
    string name;
    for (int i = ObjectsTotal(chart_id) - 1; i >= 0; i--)
    {
        name = ObjectName(chart_id, i);
        if (StringFind(name, prefix) == 0) // Check if the name starts with the prefix
        {
            ObjectDelete(chart_id, name);
        }
    }
}