"smZigZag-bobydegood_v1.1"
Parameter "Consider_RedGreen_Candles":
- If a bar is green, add the ATR to sumATR
- If a bar is red, subtract the ATR from sumATR
The sumATR result is divided by the number of bars.
"smZigZag-bobydegoodOsc_v1.0"
The oscillator as a histogram corresponds to the ZigZag oscillator.
The parameter "Consider_RedGreen_Candles = true" was set in the chart.

Donchian NRP ZZ

this video
gave me the idea to make a Donchian ZigZag
I recommend watching the video if you want a strategy with it.

I added features, including an adaptive mode if you need it.
you can also try "straight = false" & "adaptive = false" for a third mode
the third mode looks like that :
I added also two different slopes (the "bounces" parameters) when in trend or in counter trend (determined using the donchian channel)
if you want the same behaviours as in the video, then set both params to the same value


normal zig zag adaptive zig zag
the indicator is totally non repaint, including the ZZ

you know the drill, if you find good settings please share it with the community

Jeff

This is in my opinion by far the best and most accurate zigzag indicator not repainting.

honje19960321 wrote: Wed Jul 27, 2022 1:17 am This is in my opinion by far the best and most accurate zigzag indicator not repainting.

Which of these six is the best? Or are you joking and I'm not getting the joke?

TransparentTrader wrote: Wed Jul 27, 2022 1:48 am Which of these six is the best? Or are you joking and I'm not getting the joke?

Hi TransparentTrader
They are different versions of the same indicator. I think they are all good
I answer seriously
good regards

honje19960321 wrote: Wed Jul 27, 2022 1:17 am This is in my opinion by far the best and most accurate zigzag indicator not repainting.

but the zigzag part of the indi is obviously repainting, only red and white arrows are not

sal wrote: Mon Jun 13, 2022 5:02 pm mr.tools/kvak/experts
please add highlow trend line indicator with kelnterchannel

Hello Amazing Coders.

Please can the High-Low Trend Indicator here be made to have corresponding horizontal lines? If possible the horizontal lines can be colour coded such that highs have a bearish colour and lows have a bullish colour since prerogatives would be to buy low and sell high. options if bullish swing is in play to only display previous lows and if bearish swing is in play to only display previous highs etc.

Pattern zigzag

up and down zigzag mt5

Great indicator