This is a discussion on Universal ZigZag Channel within the Trading tools forums, part of the Trading Forum category; Oh, Ok then. Do you have a zigzag indicator that can draw the top and bottom correctly? Originally Posted by ...
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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):
Example:
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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,
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
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