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Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 5:47 pm
by josi
mrtools wrote: Thu Dec 29, 2022 5:45 am
Happy new year, MrTools!
As far as I can tell the Button does not work, as it cannot be turned off.
I think I already mentioned this before and probably nobody is interested anyway:
simple definition of an uptrend: HHs+HLs
simple definition of a downtrend: LLs+LHs
Given that definition it would make sense to give these pairs similar colouring (i. e. spectrum blue vs spectrum red) to make it easier to immediately spot bias.
[To add an alert to a repainting indicator is - possibly - in itself a tiny bit humorous; no offence, just saying]
Of course, the indicator is much too simplistic to give no false signals but to my mind it is an overall improvement:

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 6:01 pm
by sal
josi wrote: Thu Dec 29, 2022 5:47 pm Happy new year, MrTools!
As far as I can tell the Button does not work, as it cannot be turned off.
I think I already mentioned this before and probably nobody is interested anyway:
simple definition of an uptrend: HHs+HLs
simple definition of a downtrend: LLs+LHs
Given that definition it would make sense to give these pairs similar colouring (i. e. spectrum blue vs spectrum red) to make it easier to immediately spot bias.
Of course, the indicator is much too simplistic to give no false signals but to my mind it is an overall improvement:
Image
supporting you ..
my suggestion of fib level as optional setting.. i am searching with this same configuration.. in single indicator. :)
the fib level should shift auto when HH and LL is in place. after confirmed next LH/HL

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 7:44 pm
by Jedidiah
mrtools wrote: Thu Dec 29, 2022 5:45 am Wish the same for you and your family. Added the alerts.
Image
Thanks Mr. Tool,
can u optimize the frequency of the alarm.
Alarm is triggered only in case of HH and LL.
Gratitude

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 8:06 pm
by josi
honje19960321 wrote: Thu Dec 29, 2022 7:44 pm Alarm is triggered only in case of HH and LL.
But this is a repainting (!) indicator - so whenever it repaints....

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 8:10 pm
by ChuChu Rocket
honje19960321 wrote: Thu Dec 29, 2022 7:44 pm Alarm is triggered only in case of HH and LL.
josi wrote: Thu Dec 29, 2022 8:06 pm But this is a repainting (!) indicator - so whenever it repaints....
Yes remember Honje all Zig Zag indicators need to repaint bro

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 8:15 pm
by Jedidiah
ChuChu Rocket wrote: Thu Dec 29, 2022 8:10 pm Yes remember Honje all Zig Zag indicators need to repaint bro
THANKS ChuChu Rocket
Yes, thanks for reminding again. According to the way of trading that breaks through the market structure. I wish I knew soon when HH and LL would come out. Ability to respond quickly to trending trades.

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 8:17 pm
by Jedidiah
josi wrote: Thu Dec 29, 2022 8:06 pm But this is a repainting (!) indicator - so whenever it repaints....
Hahaha, no problem with repainting.
I just want to quickly know when HH and LL are present.
HH and LL are not redrawn when the candle is closed.

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 8:27 pm
by thomdel
mrtools wrote: Thu Dec 29, 2022 5:45 am Wish the same for you and your family. Added the alerts.

Respected sir,

Please Note : The HH-HL... Text still remains on chart when button is OFF in :------ ZigZag_HH-HL-LH-LL_B BT (alerts).mq4 Indicator


Thanks for your time, efforts, generosity.
Thanks.

Re: Zig-Zag Indicators MT4

Posted: Thu Dec 29, 2022 9:08 pm
by sal
thomdel wrote: Thu Dec 29, 2022 8:27 pm Respected sir,

Please Note : The HH-HL... Text still remains on chart when button is OFF in :------ ZigZag_HH-HL-LH-LL_B BT (alerts).mq4 Indicator


Thanks for your time, efforts, generosity.
Thanks.
its only line to disappear . text still stay coded like this i think!

Re: Zig-Zag Indicators MT4

Posted: Fri Dec 30, 2022 9:07 pm
by Ogee
mrtools wrote: Thu Dec 29, 2022 5:45 am Wish the same for you and your family. Added the alerts.

ZigZag_HH-HL-LH-LL_B BT (alerts).mq4
(65.09 KiB) Downloaded 82 times
Quite cool pullback entries.
(zig zag repaints and so use candle pattern as confirmation)

depth 6
swap colours red and lime.

code edit;
line 469 change LH to Sell
line 503 change HL to Buy
click 'compile'