Forex Zig Zag Pointer Indicator

Forex Zig Zag Pointer Indicator:

Another interpretation of the ZigZag indicator. Instead of a sawtooth broken line, tops are marked with colored dots in this indicator. It is natural that after such conversion the indicator is still redrawn.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 19.09.2007.

Test results:

Forex Zig Zag Pointer Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

Other forex trading Expert Advisors

Leave a Comment