Universal ZigZag Channel

Hi Igorad,

Can you please add ATR variable to the UniZigZagSemaphore indicator so that I can experiment with different values of ATR.

Thank you for a great indicator.

Originally Posted by igorad

Hi,

Please check out the updated UniZigZagChannel and UniZigZagSemaphore indicators for the new MT4.


Regards,
Igor

Originally Posted by tradewiser

Hi Igorad,

Can you please add ATR variable to the UniZigZagSemaphore indicator so that I can experiment with different values of ATR.

Thank you for a great indicator.

Hi tradewiser,

It's already done and you may enter something similar as shown on the picture.

Attachment 6222

Regards,
Igor

Hello Igorad. Thanks for the indicator. I've tried it but I really need a 3 level sema that works like what I have copied below. The one I have works fine except on the 5m chart (so I've had to delete it). When in use on 5m chart it hangs up my CPU on my laptop (new fall 2013 - a nice one, so the laptop isn't the problem). No one can tell me how to fix it or why it is doing this. Don't know if you have any interest, but if you can make a modified version that won't hang up my laptop so that I can still see the 5m chart--I would forever be in your debt. With gratitude and humbled by your coding skills. Thanks! Lisa

extern double Period1=5;
extern double Period2=13;
extern double Period3=34;
extern string Dev_Step_1="1,3";
extern string Dev_Step_2="8,5";
extern string Dev_Step_3="13,8

i'm, studing this indicator and i still did not get everything from it, I have e question.

I understand that I can change the extern RetraceMethod to 2 to visualize % of Price

which values i have to put into the extern to see 1% or 3%, and why 4 value?

I do not know the reply sorry ... but as I see from MetaEditor -

Retrace Method: 0-channel, 1-% of Price, 2-Price Change in pips, 3-Ratio of ATR

Originally Posted by Floyd25

Hello Igorad. Thanks for the indicator. I've tried it but I really need a 3 level sema that works like what I have copied below. The one I have works fine except on the 5m chart (so I've had to delete it). When in use on 5m chart it hangs up my CPU on my laptop (new fall 2013 - a nice one, so the laptop isn't the problem). No one can tell me how to fix it or why it is doing this. Don't know if you have any interest, but if you can make a modified version that won't hang up my laptop so that I can still see the 5m chart--I would forever be in your debt. With gratitude and humbled by your coding skills. Thanks! Lisa

extern double Period1=5;
extern double Period2=13;
extern double Period3=34;
extern string Dev_Step_1="1,3";
extern string Dev_Step_2="8,5";
extern string Dev_Step_3="13,8

Hi Lisa,

Please check out the fixed 3_Level_ZZ_Semafor indicator which is based now on the last version of the MT4 ZigZag. I suppose it should solve your problem.

Attachment 6375


Regards,
Igor

Originally Posted by newdigital

This is the other screenshot for this indicator:

Attachment 427

I am trying to understand how to use it in trading ...

Hi Igorad,

I wanted to try this indi,looks great,but I see a couple of errors on my MT4 terminal..

Could you please advise on how to fix it ?

Thank you !

UniZigZagChannel_v1.6? This 1.6 version was not modified for 600+ builld of Metatrader. Try the latest versions :

Zigzag
- Universal UniZigZagChannel_v1.6 indicator is on this post.
- UniZigZagChannel_v1.8 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
- Universal ZigZag Semaphore v4 indicator is on this post.
- UniZigZagSemaphore_v4 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.
- 3_Level_ZZ_Semafor_v2 600+ indicator is on this post. This version works with Metatrader 4 build 600 and above.

This is not zigzag channel but it is interesting channel indicator (attached).

We can upload many channel indicators on one chart - for example:

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