ZigZag - lucemanb — Indicator by LucemAnb

TradingView

1482 views

centeredoscillator pivotpoints zigzagindicator zigzag zigzagpattern zigzags mt4 zigzagcorrrection

THIS CODE IS BASED FROM THE MT4 ZIGZAG INDICATOR
THE ZIGZAG SETTINGS FOR THE MAIN ONE ON TRADINGVIEW DO NOT WORK THE SAME AS MT4
I HOPE U LOVE IT

I have had tons of experience on the ZIGZAG indicator and thought this might help someone.
Enjoy this code. Zigzag is a good indicator in many ways and people underestimate it because of its repainting

i Started accepting donations 😎
💲💲 💲💲

Check out some work ave done with this script. This is some intense angle trading requested by someone

Very useful. Thanks!

so amazing

Excellent work! I have one question; on my MT4 ZigZag indicator I havea 3 variables: Depth, Deviation and Backstep. How would you integrate the last variable?
Backstep: The minimum amount of bars between which the highs and lows can be plotted.

RDreesmann

@RDreesmann, can mod that for u, I saw it unnecessary on this since most of time it was not used. The zigzag was identical

LucemAnb

@LucemAnb, Thanks. I have been playing with the Backstep and agree that it doesn't seem to have any value. How would you program an arrow on the top or bottom of a ZigZag line? I have been trying for days and am not able to get it done.

This is awesome, especially on lower time frames. I'm trying and failing to add labels (and then alerts) when the zigzag changes direction - would you be able to help please?

colinmck

@colinmck, am glad u love it, sure thing, please direct message me

colinmck

@colinmck, sent you

Script looks solid! however, what would be the difference between this zig zag compared to the tradingview one? Thanks.

deluchoargain

@deluchoargain, hey, please check out the settings for both of them