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ZigZag2 - Indicator for MetaTrader 4

ZigZag2
TypeIndicators PlatformMT4 Version10 Date created12 December 2014 Date updated 8 September 2017
Formatmq4 Size3.9Kb Downloads405 Rating
4.9 of 5
based on 90 rates

This indicator is based on the basic ZigZag indicator inbuilt into MetaTrader with only important difference, that this one doesn’t repaint. A trend following indicator ZigZag2 is used to predict when a reverse momentum. You can also use it to eliminate random price fluctuations and attempt to profit when the trend changes.

It is recommended to run this robot in wave analysis to determine the positioning of the stock in the overall cycle.

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