Indicators: Trendsignal indicator version 2

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Trendsignal indicator version 2:

Trendsignal indicator with potential area drawn on chart.

Author: pankaj bhaban

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Good upgradation

[[Deleted]]

Good

[Pankaj Bhaban]

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[[Deleted]]

Good indicator.

However, would it be possible to change your zigzag calc to the one being used by zigzag ace ?

[Pankaj Bhaban]

Lando:

Good indicator.

However, would it be possible to change your zigzag calc to the one being used by zigzag ace ?

Lando the calculation used here is only for painting the lines with respect to arrow confirmation, where as in zigzag its based on high's & low's formed so calculation wise both would be totally different.

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Very good indicator thanks!
But I think it would be more fair or easier to estimate the value of this indicator if the line is drawn from the potential entries (the Bid and Ask of the Alert Box) and not from Arrow to Arrow. They are placed outside the 'Turn-Bar'.

[Pankaj Bhaban]

gooly:
Very good indicator thanks!
But I think it would be more fair or easier to estimate the value of this indicator if the line is drawn from the potential entries (the Bid and Ask of the Alert Box) and not from Arrow to Arrow. They are placed outside the 'Turn-Bar'.

The lines are drawn from the signal confirmation point / candle instead of alert price shown in box.

[Pankaj Bhaban]

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[tarmo1979]

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