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- Published:
- 2014.04.25 14:46
- Updated:
- 2016.11.22 07:32
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Real author:
Dr. Gaines
Another interpretation of the ZigZag indicator. Instead of a sawtooth broken line, tops are marked with colored dots in this indicator. It is natural that after such conversion the indicator is still redrawn.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 19.09.2007.
Figure 1. The ZigZagPointer indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2261

A set of support and resistance levels built on the last tops of ZigZagOnParabolic_HTF with an option of fixing the timeframe, on which the zigzag is calculated.

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