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Universal ZigZag Channel

This is a discussion on Universal ZigZag Channel within the Trading tools forums, part of the Trading Forum category; Thank you for update Igor. Regards, Rogério...

      
   
  1. #51
    Senior Member
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    Thank you for update Igor.

    Regards,
    Rogério

  2. #52
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    Thanks Igor.

    In my case, why the upper arrow is missing at attached pic? Down arrows appeared properly. Am I missing anything?



    Quote Originally Posted by igorad View Post
    Hi,

    Please check out the updated UniZigZagChannel indicator which is able to recognize the well-known 1-2-3 Pattern.

    Attachment 26834


    Regards,
    Igor
    Attached Thumbnails Attached Thumbnails Universal ZigZag Channel-unizz.jpg  

  3. #53
    Senior Member ape_epa's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Thanks Igor.

    In my case, why the upper arrow is missing at attached pic? Down arrows appeared properly. Am I missing anything?
    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.

    Universal ZigZag Channel-unizz.jpg

  4. #54
    igorad
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    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

  5. #55
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    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

  6. #56
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    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.

    Universal ZigZag Channel-unizigzagtrader11.png


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  7. #57
    igorad
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    Hi,

    Please check out the updated UniZigZag indicator which is able to plot the Trend Channel.


    Attachment 29844


    Regards,
    Igor

  8. #58
    Administrator Admin's Avatar
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    PriceChannelZigZag indicator

    Universal ZigZag Channel-eurusd-d11111.png


    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.

  9. #59
    igorad
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    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
    mosiskv, rockfish, doc and 2 others like this.

  10. #60
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    Quote Originally Posted by igorad View Post
    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 Igor, this indicator is not working as should on my charts. As you can see on the settings shown, only semaphore 4 is printed! Could you advise.
    Thanks
    Attached Thumbnails Attached Thumbnails Universal ZigZag Channel-zigzag-semaphore-not-working.png  
    Last edited by Jozo; 09-16-2021 at 05:40 PM.

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