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Re: Zig-Zag Indicator MT4

ionone, Thu Jan 22, 2026 7:52 pm

ZigSwag - The ZigZag problem solver

ZigSwag tries to solve the annoying behaviour of ZigZags : you never know when a new arm has been drawn, right?

This makes drawing important levels really hard or even impossible.

But this indicator solves it all: Each red arm is drawn at a distance of the "pivotsR" bars
  • The yellow line is the classic "repainting" ZZ but the red lines shows all the repainting steps it tooks to have the final zig zag
  • And yellow line is updated every time there is a peak (or reversal) of the red line
The ZZ itself is based on a pivot indicator that I added as well Cheers !

Jef
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