ZigZag Lines MTF - Forex Factory
WEBJan 11, 2018 · ZigZag Lines MTF (update 2.20) 1) Now, the indicator can draw levels using fractals. The parameter "Draw Support & Resistance on the Fractals". 2) Added option to disable points at the beginning of the lines - "Dot at the start of line". And the option for the size of these points - "Font size dot". 3) Now you can run several indicators in one ...
Help with ZigZag, Draw Horizontal lines at Highs & Lows
WEBMar 25, 2010 · I have something similar on an indicator I found and modified at web, it uses ihighest and ilowest to draw some bands that act as support and resistance for the ZigZag, it also uses the same amount of bars as the ZigZag, that can help you draw this lines. try it is very easy, PM me if you want the bars indicator where you can take an idea to ...
Please add alert on zigzag line - Forex Factory
WEBMay 18, 2014 · fxdaytrader_. nice. I have extended the indicator: Now you are able to choose if you want to get alerted (popup, sound, email, pushnotification on bull zigzag or bear zigzags (or both), pls. see attached. Attached File (s) ZIG ZAG NRP alerts v1.1.ex4 7 KB | 5,829 downloads.
Most accurate ZigZag indicator? - Forex Factory
WEBNov 5, 2017 · Quoting Nicholishen. I'm on the search for the most accurate zigzag indicator. So far the best I've been able to find is the "professional zigzag" indicator written by Aleksandr Chugunov. This was originally developed for MT5, but I back-ported and compiled it for MT4 (attached).
ZigZag Indictor - How to mark on Chart where new line begins?
WEBNov 15, 2011 · Quoting dancingphil. The ZigZag Indicator is known for always repainting the last/new line. That is, from when the new line first appears, almost always this line grows longer. I want to quantify how much this line extends for. That is, I want to get an idea on the average number of pips it repaints by; so marking the chart with the price when ...
Zigzag Channel - Forex Factory
WEBDec 8, 2019 · Hourly preferred time frame but test for yourself. To get the width/depth of the channel we must place the eq channel indicator directly on top of last leg of zigzag and expand the channel sideways to the extremes of the price action along the length of the the width/depth of the last leg of the zigzag. When we have done this we slide the eq ...
ZigZag Dashboard (MT4 & MT5) - Forex Factory
WEBNov 3, 2018 · ZigZag Dashboard for MT5. Multicurrency and multitimeframe modification of the ZigZag indicator. Displays the current direction of the market, the height of the last movement, the number of bars in this movement and the breaking of the previous point of the ZigZag. You can specify any desired currencies and timeframes in the parameters.
Way to approach the ZigZag indicator! (?) - Forex Factory
WEBApr 17, 2019 · Introduction. I think almost all traders know the ZigZag, an indicator that connects tops and bottoms by drawing a line between these peaks and troughs. The indicator identifies peaks and bottoms by identifying candle's highs and lows that are either the highest high or the lowest low within a lookback period. Thus, the ZigZag indicator …
Trendlines ZigZag - Forex Factory
WEBMay 31, 2018 · Use any combination u like. Beware, this is ZigZag. Just because price breaches line, dosen't mean trend is changing. I saw cases when price broke red line (H4 support) and continued to go up along side the support line, while being outside of it, until a new H4 ZZ Support was created. Attached Image (s) (click to enlarge) Attached File (s)
Zig Zag Pip Value - Forex Factory
WEBJun 5, 2010 · If you put it on chart, it will draw the length of every closed leg in pips. It's not stand alone indicator. You need to put MT4 standarts zigzag indicator on chart to make the zigzag line visible. You also need to use the same external parameter (Depth, Deviation, Backstep) for both Zigzag and AddZZLegLength.