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ZigZag Robex MT4

30 USD

Demo downloaded: 1

Published: 19 April 2023

Current version: 1.0

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ZigZag Robex MT4

Indicators
Robert Sadamon
Robert Sadamon
Ukraine

2394
4.6 (11)
5 products 27 comments
Version: 1.0
Activations: 20

Intelligent ZigZag indicator.

It has only two settings. The higher the values, the more significant extreme values it shows.

Application area.

To determine the trend. Line drawing direction.

To recognize multiple patterns.

If you put two indicators on one chart with fast and slow values. By changing the color of one of them, you can very well decompose the price movement into waves.

The indicator can be a great helper for marking the chart and identifying the key levels from which the price reversed.

more...

Screenshot #1 ZigZag Robex MT4

Screenshot #2 ZigZag Robex MT4

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The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

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The standard RSI indicator is very helpful in identifying overbought or oversold areas during a flat, but gives a lot of false signals when the market is trending. For example: during an uptrend, the standard indicator often enters the "oversold" zone and extremely rarely (most often, when the trend has already ended) enters the "overbought" zone. This indicator takes into account the trend movement and, with the selected settings, can enter the zone opposite to the trend direction, giving a sig

Intelligent ZigZag indicator. It has only two settings. The higher the values, the more significant extreme values it shows. Application area. To determine the trend. Line drawing direction. To recognize multiple patterns. If you put two indicators on one chart with fast and slow values. By changing the color of one of them, you can very well decompose the price movement into waves. The indicator can be a great helper for marking the chart and identifying the key levels from which the pri

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