ZigZag Version based on open/close price

[Deleted] 2018.07.30 09:44

Hello Community,

I kindly ask if someone has a ZigZag version (MT5/mt5 source file) calculated on open/close price instead of high/low?.

Do you have an idea?.

I have looked in the CodeBase but I couldn't find it. So it would be grateful if someone can post here a version of it.

Thanks in advance.

[Deleted] 2018.08.08 18:57 #1

Anyone have an idea?.

timmyhanke 2018.08.10 18:52 #2

Wouldn't that just make it a moving average , since zigzag needs high/low to stick to anything at all.

Remove that from the calculation it will follow price instead until the bar closes.

Errors, bugs, questions Some Revised Indicators Stochastic Oscillator, the beginning

Candra Purnomo 2018.08.20 02:36 #3

Zig zag close will only show the average price, it's better to leave it because maybe this is not a good idea

Rahmkhuda Karimi 2019.07.12 19:31 #4

Hi,

I am also not able to find Zigzag close indicator for MT5, if anyone can help!