# ZigZag EA

Placing Buy Stop and Sell Stop orders based on ZigZag channel borders with trailing and Fibonacci levels for stop loss and take profit.

Canonical: https://prismaticalgos.com/compendium/algo/2614-zigzag-ea
Record ID: 2614
Catalog rank: 1028 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trade & Execution Management (K)
Source: https://www.mql5.com/en/code/21452
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: EURUSD
- timeframes: M15
- sessions: Not specified
- market_regime: any

## Indicators

- ZigZag: {"Backstep": null, "Depth": null, "Deviation": null}; applied to: close
- Waddah_Attar_Trend_Candles: {}; applied to: close
- XPeriodCandleSystem: {}; applied to: close
- Differential_Average_By_Sultonov_HTF: {}; applied to: close

## Recorded long-entry rules

- pending order along the channel border

## Recorded short-entry rules

- pending order along the channel border

## Recorded exit rules

- trailing can be enabled for a position

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Fibo levels (0.0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8%, 423.6%)
- Take profit: Fibo levels (0.0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8%, 423.6%)
- Position sizing: Lots; Risk