The code is based on indicator ZigZag which is in-built in MT4, developed by MetaQuotes.
I have changed it slightly so that it isn’t calculated on highest Highs and lowest Lows, but instead uses highest Close and lowest Close of chart price history.
See chart below for differences: ZigZag (crven) versus ZigZagClose (yellow).

Some differences are minor in nature, while at other times the effects are significant.
MT4 pokazatelji – Preuzmite uputstvo
ZigZag Based on Close Prices is a Metatrader 4 (MT4) Indikator a suština indikator forex je transformacija karton podataka povijesti. ZigZag Based on Close Prices provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.Na osnovu ovih informacija, trgovci može se pretpostaviti daljnje kretanje cijena i prilagoditi svoju strategiju u skladu s tim.
How to install ZigZag Based on Close Prices.mq4?
- Download ZigZag Based on Close Prices.mq4
- Copy ZigZag Based on Close Prices.mq4 to your Metatrader Directory / stručnjaci / pokazatelji /
- Pokrenite ili ponovo pokrenite Metatrader Client
- Odaberite Chart i rok gdje želite testirati svoje pokazatelj
- Pretraživanje “Custom Pokazatelji” u svojoj Navigator najviše ostalo u vašem Metatrader Client
- Right click on ZigZag Based on Close Prices.mq4
- Pričvrstite na grafikon
- Promijenite postavke ili pritisnite OK
- Indicator ZigZag Based on Close Prices.mq4 is available on your Chart
How to remove ZigZag Based on Close Prices.mq4 from your Metatrader 4 Grafikon?
- Odaberite Chart gdje je pokazatelj programa na vašem Metatrader Client
- Desni klik u Chart
- “Indikatori list”
- Odaberite Indikator i brisanje
MT4 pokazatelji Preuzimanje ispod: