ZigZag based on the XMACandles indicator candles. In some sense, this is a smoothed ZigZag!
This indicator requires the XMACandles.ex5 compiled indicator file in <terminal_data_folder>\MQL5\Indicators for the ZigZag_XMACandles indicator correct operation.
Fig.1. ZigZag_XMACandles indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/16650
The Exp_XMACandles Expert Advisor is based on signals of the XMACandles indicator.Zigzag2_R_Arrows
Zigzag2_R with its values displayed as fractal labels.