This is a good system. Is it possible to join the labtrend indicators in one indicator with sound allert?
Yes I agree it does look like a good system, but difficulty to see with all the indicators
if some them where combind than some popup aler would help
I've developed new version of LabTrendZigZag_v1.2 with new options:
1-ShowPeriodsMode:0-off,1-full cycle,2-half cycle
3-you can change colors for all names including current leg
Now we can overlay some ZigZags with different settings on the same chart.
My request still stands, if we could habe the number of bars from the major Low/High.
Very cool indeed!
I see the benefits of this approach.
Is it possible to display the total number of bars, counting from the major low/high? I played with the parameters, but if I make some numbers to high (e.g. Risk parameter) the indicator disappears.
Max value for Risk = 32, because LabTrend1 have this limit.
In the near future I plan to write PriceChannelZigZag without any limitations for Length(Period).
Benefits of zigzag
Thanks for your new indicator. Could you explain how one can use your indicator in a strategy? Unlike Tokarus, I can't seem to grasp the benefits of using zigzag with the existing excellent strategy laid out by linuxser. I understand the period cycles and the pip difference, but just can't seem to properly use this info to my advantage for trading. How can I use it to entry/exit or confirm trend?
Thanks so much
Where can i learn about period cycle?
Also the Digital Filters sub section have more threads about cycles.
thanks linuxser for the quick respond
I've fixed small bug in the LabTrendZZ_v1.2.
Please download fixed version.