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zigzagnn.mq5 (9.93 KB) view

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The indicator shows recalculated ("broken") highs/lows of the standard ZigZag indicator.

The indicator allows to estimate the quality of the standard ZigZag indicator. The broken extremums are marked with diamonds.

ZigZagNN indicator

Note: The calculations aren't optimized, at each new bar it calls the code of the standard ZigZag in mode "0-bar emulation".

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/116

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ZigZagNN - indicator for MetaTrader 5