Hey guys, Ask about Dow.

Erdenebayar Lamjav
1572
Erdenebayar Lamjav  
How do you determine Dow via ZigZag indicator, which settings best for you?
Ashkan Hazegh Nikrou
2408
Ashkan Hazegh Nikrou  

If you want to find out best setting for zig zag, i must say always best setting of popular indicators are default setting in zig zag case 12 5 3.

But if you want to see more high and low points you can use 5,3,3 too.

Red zig zag drawn by default setting 12 5 3

Yellow zig zag drawn by 5 3 3 , where you can see more high and low points


Nikolay Georgiev
1320
Nikolay Georgiev  
ZigZag deviation value is not actually working. Even if you put 100 or 1 or whatever it is not changing anything. When the depth and backstep are lower then more turning points will appear. This indicator also repaints and I don't really like it. There are non repainting verion online which actually also repaint.