Talking Points: Recap of the Zig-Zag & The Study of CorrectionsThe Second Pre-Trend Pattern: TrianglesSetting Stops & Profit Targets “All patterns fail, but the key is to know when to trade them and when to avoid them.” -Suri Dudella Trading patterns can be seen as a short-cut to in-depth technical analysis. You were recently introduced to the first type of corrective trading pattern known as a 3-wave correction or zig-zag, which commonly plays ...
UniZigZagChannel_midline 600+ indicator is on this post. This indicator was improved by cja for mid level added. This version works with Metatrader 4 build 600 and above. Originally Posted by cja There was a request to add a mid level to this indicator earlier in the thread so now that the buffer restrictions no longer apply I have added the extra level. UniZigZagChannel_midline 600+.mq4