ZIGZAG CHANELS

Name : ZIGZAG CHANELS
Type : Indicator MT4
Description :
- ZIGZAG CHANNELS is a custom MetaTrader 4 (MT4) indicator designed to display ZigZag patterns and channels on the chart. It provides visualization of price movements with ZigZag lines and channels.
- ZigZag Calculation: Calculates ZigZag lines based on the input parameters (ExtDepth, ExtDeviation, ExtBackstep).
- Channel Drawing: Draws ZigZag channels on the chart.
- Button: Provides a button interface to toggle the display of the indicator on the chart.
- Displays activation status.
- Displays account information and trade statistics.
1. Input Parameters
ExtDepth (default = 12): Depth parameter for the ZigZag calculation.
ExtDeviation (default = 5): Deviation parameter for the ZigZag calculation.
ExtBackstep (default = 3): Backstep parameter for the ZigZag calculation.
Panel Information : 
The Indicator displays an information panel on the chart providing details such as:
Account balance - equity-  profit - free margin - margin level- Open trade percentage - total open lot size.