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LabTrend - page 5

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felix
171
felix  

Hi Linuxer,

This is a good system. Is it possible to join the labtrend indicators in one indicator with sound allert?

toddanderson
495
toddanderson  

I agree

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

felix:
Hi Linuxer, This is a good system. Is it possible to join the labtrend indicators in one indicator with sound allert?
Igor Durkin
5272
Igor Durkin  

I've developed new version of LabTrendZigZag_v1.2 with new options:

1-ShowPeriodsMode:0-off,1-full cycle,2-half cycle

2-ShowPipsMode: 0-off,1-on

3-you can change colors for all names including current leg

Now we can overlay some ZigZags with different settings on the same chart.

Tokarus:
OK, I get it the second number is the vertical diff between the last pivot low to pivot high, etc.

My request still stands, if we could habe the number of bars from the major Low/High.

Cheers, Kris
Files:
ltzz_2.gif 12 kb
Tokarus
262
Tokarus  

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.

Cheers, Kris

igorad:
I've developed new version of LabTrendZigZag_v1.2 with new options:

1-ShowPeriodsMode:0-off,1-full cycle,2-half cycle

2-ShowPipsMode: 0-off,1-on

3-you can change colors for all names including current leg

Now we can overlay some ZigZags with different settings on the same chart.
Igor Durkin
5272
Igor Durkin  

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).

Tokarus:
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.

Cheers, Kris
tangocash
46
tangocash  

Benefits of zigzag

Hi igorad,

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

darkkiller
301
darkkiller  

Where can i learn about period cycle?

Linuxser
5915
Linuxser  
darkkiller:
Where can i learn about period cycle?

Cycles threads:

https://www.mql5.com/en/forum/175805

https://www.mql5.com/en/forum/173010

Also the Digital Filters sub section have more threads about cycles.

darkkiller
301
darkkiller  
Linuxser:
Cycles threads:

https://www.mql5.com/en/forum/175805

https://www.mql5.com/en/forum/173010

Also the Digital Filters sub section have more threads about cycles.

thanks linuxser for the quick respond

Igor Durkin
5272
Igor Durkin  

Important!

I've fixed small bug in the LabTrendZZ_v1.2.

Please download fixed version.

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