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지표

Price Percentage Zigzag (No timeframes) - MetaTrader 5용 지표

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MQL5 프리랜스 이 코드를 기반으로 한 로봇이나 지표가 필요하신가요? 프리랜스로 주문하세요 프리랜스로 이동

This is a zigzag which is not warped by timeframes, and the leg changes based on asset price percentage change from the extremums. The zigzag is strictly based on price, and does not consider time.

The clean and thoughtful zigzag structure is credited to Evgeniy Chumakov and so he is linked in the code as it is his code structure that was seen in his MQL4 "Autoscale zigzag".

I am the author of this MQL5 indicator which, unlike the Autoscale zigzag, uses a price percentage input instead of a scale and is compatible across all securities.

As it is a zigzag indicator, it's not appropriate to use this as a standalone tool for trade decisions. Instead, you could use it to police the trend like in a Renko chart, and potentially combine it with a momentum oscillator to figure out when and where it may be appropriate to make an entry.

Price Percentage Zigzag

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