Oh, Ok then. Do you have a zigzag indicator that can draw the top and bottom correctly?
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This is interesting zigzag indicator (Gann_SQ9 attached) based on ZigZag_new_nen4 by Nen:
Attachment 10027
Attachment 10028
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ZigZag Signal - indicator for MetaTrader 4
This is signal indicator based on zigzag which is placing the arrow on the chart if the following pattern was fomred (for sell, and opposite pattern for buy):
Attachment 20616
Example:
Attachment 20617
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Attachment 20619
Hi,
Please check out the updated MTF UniZigZagChannel indicator with the new set of prices and with the ability to set the breakout mode.
Attachment 24149
Regards,
Igor
Hi Igor,
I'm testing the UniZigZagSemaphore_v4 600+ indicator as a reverse sign.
Does this indicator recalculate?
At times the signal is displayed in one bar and then it is cleared and appears in another bar.
See attached image.
Thank you,
Rogério
Hi Igor,
Do you know another way to get the reversal bar signal?
I would like to get a reversal signal to do the stop order.
Thank you,
Rogério
Hi,
Please check out the updated UniZigZagChannel indicator which is able to recognize the well-known 1-2-3 Pattern.
Attachment 26834
Regards,
Igor
Thank you for update Igor.
Regards,
Rogério
Hi jagadish123! The behaviour is correct because for the buy signal the line 2-3 must be higher than 1-2, but in your examples goes lower, so there is no 123pattern.
Attachment 26848
Hi,
Please check out the fixed and updated UniZigZagChannel indicator.
Important note: If the parameter LineWidth < 0 (eg. LineWidth =-1) then you'll not see any objects on the chart.
Attachment 26849
Regards,
Igor
Good Job Igor.
Is it possible to develop an indicator to identify the moment of reversion or the best moment of exit of the trend?
Thank you,
Rogério
Premium section news -
UniZigZagTrader EA
- UniZigZagTrader_v1.0 600+ EA is on this post. This is the UniZigZagTrader EA which uses the UniZigZag indicator. There is ability to use the EA with the pyramiding according to .set file from this post.
Attachment 29380
Attachment 29381
Hi,
Please check out the updated UniZigZag indicator which is able to plot the Trend Channel.
Attachment 29844
Regards,
Igor
Attachment 36133
PriceChannelZigZag_v3.3 indicator is on this page (premium section link):
left value - current distance between tops and bottoms in pips, right value - average distance.
Hi,
Please check out the updated UniZigZagChannel and UniZigZagSemaphore indicators with the same ZigZag algorithm and a new set of prices.
Attachment 40725
Regards,
Igor
Hi Jozo,
It works fine but you need to set the proper Retrace Method instead of Price Channel for these Reversal Values.
Attachment 43645
Regards,
Igor
ZigZag NK Sound Alerts on Bar Change - indicator for MetaTrader 5
Attachment 44296
Quote:
ZigZag NK Sound Alerts notifies you with Sound alert, Push Notification or Popup Notification on terminal when Zigzag changes its bar.