indicator

Hans Schlaman
13
Hans Schlaman  
I am looking for a refinement of the zig zag indicator or a zig zag that works with points on the dax,
Fernando Carreiro
5761
Fernando Carreiro  
Hans Schlaman: I am looking for a refinement of the zig zag indicator or a zig zag that works with points on the dax,

Can you please explain in more detail what you mean?

There are so many variations on ZigZag Indicators that I am sure one will fit your needs, but you will have to explain in more detail exactly what it is you are looking for.

Claudius Marius Walter
526
Claudius Marius Walter  
Coincidentally, I came across a pretty interesting Zigzag yesterday. It uses a corrected formula. It may help you


https://www.mql5.com/en/code/263

Professional ZigZag
Professional ZigZag
  • www.mql5.com
The improved version of the ZigZag indicator.
Rafael Caetano Pinto
762
Rafael Caetano Pinto  
Claudius Marius Walter:
Coincidentally, I came across a pretty interesting Zigzag yesterday. It uses a corrected formula. It may help you


https://www.mql5.com/en/code/263

I compared this version with the current Mt5 ZigZag (That is in Indicators/Examples). Both are very similar, but the Professional ZigZag appears to be a little more precise. 

YELLOW: Professional ZigZag
RED: MQL5 ZigZag (in Examples)