ZigZag and Moving Average (ZMA)

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ZigZag and Moving Average (ZMA)

Postby Alexander.Gettinger » Mon Feb 21, 2011 5:34 am

Standard realization of ZigZag is taken for base of the indicator.
From each node is drawn MA with increasing period.
For example:
"A" is a node of ZigZag.
ZMA[A+2]=(Price_close[A]+Price_close[A+1]+Price_close[A+2])/3 and etc.


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MQ4/MT4 version.

The indicator was revised and updated
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Re: ZigZag and Moving Average (ZMA)

Postby Apprentice » Fri Feb 17, 2017 10:24 am

Indicator was revised and updated.
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