ZigZag Based on Close Prices

ZigZag Based on Close Prices

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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 (wouj) versus ZigZagClose (yellow).

Traditional ZigZag vs ZigZag on Close Prices

Some differences are minor in nature, while at other times the effects are significant.

MT4 Endikatè – Download Enstriksyon

ZigZag Based on Close Prices is a Metatrader 4 (MT4) endikatè ak sans nan endikatè a dviz se nan transfòme done ki te akimile istwa.

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.

Baze sou enfòmasyon sa a, komèsan ka asime plis mouvman pri epi ajiste estrateji yo kòmsadwa.

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 / ekspè / endikatè /
  • Kòmanse oswa rekòmanse Metatrader Kliyan ou
  • Chwazi Tablo ak konbyen tan ki kote ou vle teste endikatè ou
  • Search “Endikatè Custom” nan Navigator ou sitou kite nan Metatrader Kliyan ou
  • Right click on ZigZag Based on Close Prices.mq4
  • Tache nan yon tablo
  • Modifye anviwònman ou Sur 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 Tablo?

  • Chwazi Tablo a ki kote Endikatè nan kouri nan Metatrader Kliyan ou
  • Dwa klike sou nan Tablo a
  • “Endikatè lis”
  • Chwazi Endikatè nan ak efase
ksm-pa gen-depo-bonis

MT4 Endikatè Download anba a:

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