Average OHLC ZigZag
The 'Average OHLC ZigZag' indicator was created for scalping but could even be used in day trading.
- This indicator looks for custom patterns, based on a range of 2 bars, to plot arrows.
- Repaint is limited to flat markets as this is primarily a trending signal indicator.
- ZigZagPos = Averaged OHLC; - ZigZag Position: "Averaged OHLC" or the traditional "Highs & Lows".
- This indicator produces prices of the zigzag and of the arrows which can be compared with it's adjacent buffer.
- There must be a value on one buffer and not the other, represented by a value of EMPTY_VALUE.
- Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
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