ZigZag Charm 2017

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The soul of this indi is the ZIG-ZAG.
With out it, it is nothing.

So how does this Indi plot the zig-zag.

The zig-zag is predicated on oscilator indis or shifting averages. There are a number of choices you possibly can select on this indi.
You possibly can choose which music rating you wish to use to be able to plot the zig-zag
1. MACD
2. Stochastic
3. Double_MA_Xover
4. Double_EMA_Xover
5. EMA_Price_Xover

So let say you choose Double_MA_Xover of 5 and 10. 5 MA is the quick MA and 10 is the gradual MA. Be sure to choose the tempo to "Customized" as seen within the screenshot. On this instance you enter 5,10 into the tempo discipline as seen within the screenshot
Bullish crossover is each time the quick MA is larger than the gradual MA.
Bearish crossover is each time the quick MA is decrease than the gradual MA.

so when ever there is a bullish crossover, the value will search for the bottom level between the earlier crossover till the current (new/recent) crossover.
This logic is apply to the bearish crossover, however it'll search for the best level.

Hooked up Picture (click on to enlarge)
The soul of this indi is the ZIG-ZAG. With out it, it is nothing. So how does this Indi plot the zig-zag. The zig-zag is predicated on oscilator indis or shifting averages. There are a number of choices you possibly can select on this indi. You possibly can choose which music rating you wish to use to be able to plot the zig-zag 1. MACD 2. Stochastic 3. Double_MA_Xover 4. Double_EMA_Xover 5. EMA_Price_Xover So let say you choose Double_MA_Xover of 5 and 10. 5 MA is the quick MA and 10 is the gradual MA. Be sure to choose the tempo to "Customized" as seen within the screenshot. On this instance...

Correction to the screenshot -_-
Sorry

Hooked up Picture (click on to enlarge)
Click to Enlarge

Name: 1.png
Size: 13 KB
The brand new model _6 mounted challenge with the Double_EMA_xover. It didn't present the zig-zag within the earlier model.
Hooked up Information
File Type: ex4 zigCharm3xdvl_5.ex4   75 KB | 87 downloads
File Type: ex4 zigCharm3xdvl_6.ex4   77 KB | 42 downloads

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.