Ultra Advanced Zig Zag
- Indicators
-
Marcel De Oliveira Farias
NexQuantumX (NQX) develops trading tools for MetaTrader 5 and MetaTrader 4: technical indicators and Expert Advisors built on one consistent risk engine. - Version: 1.0
- Activations: 10
Ultra Advanced Zig Zag is a Zig Zag indicator for MetaTrader 4. Zig Zag tools connect swing highs and swing lows so that the main waves of the market are easier to see.
Main features
- Highlights the main swings of the market
- Helps study market structure, such as higher highs and lower lows
- Useful for preparing Fibonacci and chart pattern analysis
- Easy to use
- A demo version is available for testing
Recommended settings
Time-frames: M30, H1, H4, D1
Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, EUR/JPY
How to use
Use the swings to study market structure, and combine them with your own analysis and risk management.
Trading involves risk. Past performance does not guarantee future results.
Questions and suggestions are welcome in the Comments section.
