• Zig-Zag Indicators MT4

Posted: **Thu Feb 23, 2023 10:15 am**

mrtools wrote: Thu Feb 23, 2023 10:09 am Made a new version but the mtf works on everything except offline charts.

About pivot setting in the indicator from Scriptor on the mt5 site:

Calculations:

ZZOsc = 100 * (Close - LastZZ) / LastZZ

where:

Code: Select all

LastZZ - ZigZag price on the pivot point

If the pivot point is equal to zero, then the counting will be started from the nearest left ZigZag break or from the end of its last ray.

Fig. 1. ZigZag Oscillator + ZigZag, ZigZag pivot point = 0

Fig. 2. ZigZag Oscillator + ZigZag, ZigZag pivot point = 1

Fig. 3. ZigZag Oscillator + ZigZag, ZigZag pivot point = 2

Posted: **Wed Mar 01, 2023 2:11 am**

Hi Mr Tools

can you make a zigzag with vertical lines at the tops and bottoms

Cheers
Eamonn.

Posted: **Wed Mar 01, 2023 2:51 am**

Eamonn wrote: Wed Mar 01, 2023 2:11 am Hi Mr Tools

can you make a zigzag with vertical lines at the tops and bottoms

Cheers
Eamonn.

Interesting trade manager on the bottom of the screen! Where did you get it from?

Posted: **Wed Mar 01, 2023 3:09 am**

Hi its on Forex Factory cant remember the topic but it was free

Cheers Eamonn

Posted: **Wed Mar 01, 2023 3:15 am**

HERE IT IS

me_SimpleTradingDashboard v3.4.mq4 Downloaded 513 times 85.82 KiB

Posted: **Wed Mar 01, 2023 9:52 am**

Eamonn wrote: Wed Mar 01, 2023 2:11 am Hi Mr Tools

can you make a zigzag with vertical lines at the tops and bottoms

Cheers
Eamonn.

here you have the links for this variations
viewtopic.php?p=1295457641#p1295457641
attach/file/3423206
attach/file/3428462

Posted: **Wed Mar 01, 2023 10:11 am**

marwilli wrote: Wed Mar 01, 2023 9:52 am here you have the links for this variations
viewtopic.php?p=1295457641#p1295457641
attach/file/3423206
attach/file/3428462

That's an awful lot of trade managers to experiment with. Thanks for the share!

Posted: **Fri Mar 24, 2023 6:16 am**

Posted: **Fri Mar 24, 2023 6:17 am**

Posted: **Fri Mar 24, 2023 9:54 am**

honje19960321 wrote: Fri Mar 24, 2023 6:16 am

This is a potentially great indicator. Can this be made into MFT?

Zig-Zag Indicators MT4

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Re: Zig-Zag Indicators MT4