ZigZag with bar and pips counter.

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

ZigZag with bar and pips counter.

Postby Alexander.Gettinger » Fri Sep 21, 2012 2:23 pm

Standard ZigZag with bar and pips counter.

ZigZag_Counter.PNG


Download:
ZigZag_Counter.lua
(10.72 KiB) Downloaded 3704 times
Alexander.Gettinger
FXCodeBase: Confirmed User
 
Posts: 3785
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Re: ZigZag with bar and pips counter.

Postby TraderBob » Thu Nov 01, 2012 7:42 am

This is a great indicator, Thanks for this.
I was using the zigzag before but with the counter its so much better.
TraderBob
 
Posts: 10
Joined: Wed Oct 31, 2012 10:50 am
Location: london

Re: ZigZag with bar and pips counter.

Postby nazaar » Thu Nov 15, 2012 1:15 am

Alexander.Gettinger wrote:Standard ZigZag with bar and pips counter.



Thanks for this excellent tool Alexander. This saves a lot of time and clicks.
Could you please place the bar count and pip values on separate lines?

Would you be willing to add to this tool? Please see attachment for a picture presentation, it might make it easier to understand.

Could you add a fib retracement calculator to the zigzag? If a zigzag swing point retraces less than 1.000 then display the retracement value.

In the chart attached, I have shown 3 examples (blue arrows, we really need arrow tool) of displaying the fib retracement value and 2 (blue circles) where there would be no value displayed.

Thank you for your time and consideration.

Now that I have typed this it occurred to me that those swings which go beyond 1.000 retracement you could display the retracement value beyond 1.000 for example 1.272 or 1.618.

Thanks again!
Attachments
zigzag retracement calculator.png
nazaar
FXCodeBase: Initiate
 
Posts: 178
Joined: Fri May 27, 2011 2:21 pm
Location: Ontario, Canada

Re: ZigZag with bar and pips counter.

Postby Apprentice » Thu Nov 15, 2012 3:23 am

Your request is added to the development list.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 21307
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: ZigZag with bar and pips counter.

Postby MrDavide79 » Wed Nov 21, 2012 7:12 am

Hello,
how is possible to use correctly this indicator?
what parameters is better to put in setting:
12-5-3 or different

thanks
MrDavide79
 
Posts: 28
Joined: Thu Aug 30, 2012 8:41 am

Re: ZigZag with bar and pips counter.

Postby Apprentice » Thu Nov 22, 2012 4:06 am

Personally I do not use indicators in my trading.
So I can not help you about the settings.
Rule of thumb, use setting that gives the best results for the pair, time frame, your strategy.
Two use of Zig Zag.
As helper tool, to chart Ellliot Waves or Harmonic Patterns.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 21307
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: ZigZag with bar and pips counter.

Postby broken850 » Fri Nov 23, 2012 1:31 am

great indicator. very useful as filter (i use it in combination with supertrend)..............
is it possible to build a strategy / alert when the color of the indicator changes ?
broken850
 
Posts: 3
Joined: Fri Nov 23, 2012 1:29 am

Re: ZigZag with bar and pips counter.

Postby Apprentice » Fri Nov 23, 2012 3:51 am

Possible, but impractical.
Zig Zag have great Lag.
Try to define strategy rules, and test it on live chart.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 21307
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: ZigZag with bar and pips counter.

Postby Alexander.Gettinger » Thu Nov 29, 2012 11:04 am

nazaar wrote:Could you add a fib retracement calculator to the zigzag? If a zigzag swing point retraces less than 1.000 then display the retracement value.


See this version of indicator.

ZZ_Counter2.PNG


Download:
ZigZag_Counter2.lua
(11.45 KiB) Downloaded 1938 times
Alexander.Gettinger
FXCodeBase: Confirmed User
 
Posts: 3785
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Re: ZigZag with bar and pips counter.

Postby Fx4mt.com » Tue Jan 15, 2013 1:23 pm

Alexander.Gettinger wrote:
nazaar wrote:Could you add a fib retracement calculator to the zigzag? If a zigzag swing point retraces less than 1.000 then display the retracement value.


See this version of indicator.

ZZ_Counter2.PNG


Download:
ZigZag_Counter2.lua

Fantastic indicator, would there be a way to get this where it displays the fib extensions past 1.00 as well?
Fx4mt.com
 
Posts: 36
Joined: Tue Jan 15, 2013 1:19 pm

Next

Return to Custom Indicators

Who is online

Users browsing this forum: Bing [Bot], wuhuilin11 and 14 guests