ZigZag oscillator

by **Alexander.Gettinger** » Fri Dec 30, 2011 2:27 pm

The indicator is written at the request: viewtopic.php?f=27&t=10573

Formula:
ZigZag_osc=100*(Price-Base)/Base, where
Base - the starting price of the current branches zigzag indicator.

Download:

ZigZag_Oscillator.lua: (3.77 KiB) Downloaded 1392 times

For this oscillator must be installed ZZ_Semafor.lua from viewtopic.php?f=31&t=3703&p=8964.
MT4/MQ4 version
viewtopic.php?f=38&t=64624

The indicator was revised and updated

by **thejesters1** » Mon Jan 02, 2012 9:48 am

Hi Apprentice, does the oscillator repaints on already closed candle? As due to my knowledge, a zig-zag must repaint, otherwise its not really a zigzag (well, since the formula is derived from the zig-zag indicator).

What about a strategy on this one?

by **Blackcat2** » Tue Jan 03, 2012 1:18 am

Confirmed that the indicator does not refresh/recalculated on candle close..

by **lisa_baby_xx** » Wed Jan 04, 2012 1:10 pm

Hi Sweeties,

May I request a strategy for this wonderful indicator. The original request for the strategy was here:
http://www.fxcodebase.com/code/viewtopic.php?f=27&t=10573#p21873

I hope you ALL had a wonderful Christmas and Happy pipping for 2012!
Much love to everyone! X-X-X.

lisa_baby_xx

by **Apprentice** » Wed Jan 04, 2012 2:15 pm

Your request is noted.
Alex probably forgot this one.

by **lisa_baby_xx** » Wed Jan 04, 2012 2:38 pm

Thank you so muck sweetie, hope you enjoyed your holiday!

lisa_baby_xx

by **Alexander.Gettinger** » Wed Jan 04, 2012 7:25 pm

I added the strategy in the post http://www.fxcodebase.com/code/viewtopi ... 455#p22455.

by **Anariamic** » Wed Jan 04, 2012 11:12 pm

There is no doubt that one of the best ways Fibonacci technical analysis nor objected to it with you
But the zigzag is not strong indicators you can rely on and the Stochastic indicator moving with Fibonacci

by **flem_wad** » Fri Jan 06, 2012 2:37 pm

There is a problem with the strategy guys..
Link here:
http://www.fxcodebase.com/code/viewtopic.php?f=27&t=10573#p22494

Thanks,
flem_wad

by **Alexander.Gettinger** » Fri Mar 02, 2012 3:30 pm

I have updated ZigZag oscillator.