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Katong Zigzag

This indicator is a modification of the original ZigZag. I usually used it in GBPUSD with H4 timeframe.

This indicator works best in trending market.

This indicator will show you:

  1. When to open combo positions (two positions in one direction)
  2. Trend confirmation (always use TP and SL)
  3. Weekly breakout, Monthly breakout

Red arrow means trend confirmation. Works best when combined with other indicators.

jinhee Lee
644
2017.01.28 16:35 
 

It's the best Zigzag indicator I've ever seen. Thanks for the great work. I recommend.