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Ideal ZigZag – indicator for MetaTrader 4

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Old 20-03-2018, 21:36
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Join Date: Sep 2017
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Default Ideal ZigZag – indicator for MetaTrader 4

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Advantages :

Table of Contents1 Advantages :2 Disadvantages :3 Principle:4 Related Posts

    The most expensive function is iBarShift which totally replaces all cycles in the code needed for peaks retrieval.
    All information needed to build ZZ for every bar is accessible not only in every moment but also for every extern code.
    No suspended peaks
    Efficient method to find peaks is available
    Very fast
    Works correct at history insertions and when switching TFs.
    Perfect for use in EA.

Disadvantages :

1. Memory requirements. This indicator uses 5 buffers instead of 2 (or even 1) in other similar implementations. But (imho) this is good price for advantages #6 and #7. None of fast ZigZags I have seen can process history insertions without full rebuild. Mine does it. Moreover it does it in efficient way

2. Additional lines are available. This is required to make the data visible for any extern code. These lines should never be visible.

Principle:

The ZZ is drawn by the channeling principle.

The channel width can be defined in Points (XLab_ZZ) or in Percent (XLab_ZZP)

*

How to install Ideal ZigZag – indicator for MetaTrader 4.mq4?


    Download Ideal ZigZag – indicator for MetaTrader 4.mq4
    Copy Ideal ZigZag – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
    Start or restart your Metatrader 4 Client
    Select Chart and Timeframe where you want to test your MT4 indicators
    Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
    Right click on Ideal ZigZag – indicator for MetaTrader 4.mq4
    Attach to a chart
    Modify settings or press ok
    Indicator Ideal ZigZag – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Ideal ZigZag – indicator for MetaTrader 4.mq4 from your Metatrader Chart?


    Select the Chart where is the Indicator running in your Metatrader 4 Client
    Right click into the Chart
    "Indicators list"
    Select the Indicator and delete

Click here below to download:

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