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Re: Zig-Zag Indicator MT4

Posted: Tue Jul 14, 2020 11:58 am
by Exequiel Cabrera
mladen wrote: Thu Jun 29, 2017 3:23 am

YFX

Not really
It mainly depends on market and market volatility
Could I fix this indicator of yours that when I put it on my MT4 it doesn't work please

Re: Zig-Zag Indicator MT4

Posted: Fri Dec 18, 2020 8:37 pm
by charli
Dear coders,
is it possible to make the standard zig-zag indicator like in the picture, I mean, yellow is zig zag, red is just a trendline following the zig-zag direction, only need for faster visualization, if not does not meter I`ll put trendlines manually, Maybe already existing, but I could not find it...

Re: Zig-Zag Indicator MT4

Posted: Fri Dec 18, 2020 9:11 pm
by moey_dw
charli wrote: Fri Dec 18, 2020 8:37 pm Dear coders,
is it possible to make the standard zig-zag indicator like in the picture, I mean, yellow is zig zag, red is just a trendline following the zig-zag direction, only need for faster visualization.............
so many zig zags.......

Re: Zig-Zag Indicator MT4

Posted: Fri Dec 18, 2020 9:46 pm
by charli
moey_dw wrote: Fri Dec 18, 2020 9:11 pm

so many zig zags.......
Seems now is better :D :D

Re: Zig-Zag Indicator MT4

Posted: Sat Dec 19, 2020 3:58 pm
by moey_dw
charli wrote: Fri Dec 18, 2020 9:46 pm
Seems now is better :D :D

Image
baahahha so intense!!!! ;) ;) ;)

Re: Zig-Zag Indicator MT4

Posted: Tue Apr 27, 2021 2:33 pm
by hunterll
Banzai wrote: Tue Jul 14, 2020 10:24 am Released date: July 12th, 2020
Dear, mr Banzai how to turn on MTF ?

Re: Zig-Zag Indicator MT4

Posted: Tue Apr 27, 2021 5:15 pm
by zookeeper
hunterll wrote: Tue Apr 27, 2021 2:33 pm Dear, mr Banzai how to turn on MTF ?
Hi!

settings -> timeframe -> type in "M5" for 5 minutes, "M15" for 15 minutes.... "H1" for 1 hour etc.

Re: Zig-Zag Indicator MT4

Posted: Tue Apr 27, 2021 5:21 pm
by Ogee
hunterll wrote: Tue Apr 27, 2021 2:33 pm Dear, mr Banzai how to turn on MTF ?
Mr Banzai is on extended leave. Not sure why called MTF as zig zag is dependant on chart structure rather than time frame. Might be due to the adjustable Barn and Length inputs.

Barn pertains to the number of bars that the indicator is capable of analysing for the zig-zag high/lows.
Length refers to the number of bars that make up the impulse wave or the length of the wave.

Re: Zig-Zag Indicator MT4

Posted: Tue Apr 27, 2021 5:27 pm
by Ogee
Just noted that if left blank the indicator will reset as you change time frames.

Re: Zig-Zag Indicator MT4

Posted: Wed May 12, 2021 12:47 am
by Zyzel
Hi Everyone,

Just leaving a Zig-Zag with cumulative volume display that I found from other site here. It works more or less like the Weiss Wave indicator but their displays of the cumulative volume data are slightly different.

Like any other zig-zag indis, this attached indicator repaints with every forming leg of new Higher Highs and Higher Lows. or Lower Highs and Lower Lows. So may others find some usefulness in this indicator for gathering data to aid in their decisive trading (this indicator is not suitable for signal entries due to its limitation)

Cheers

P.s. When using volume data from MT4, do you this indicator with brokers that are widely used by most retail traders (in other words, more famous brokers) to obtain a more reliable data source for the volume data. Forex volume is decentralized, So, it is important to understand the limitations/disadvantages of this indicator.