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ZigZag & Fractals

vin_yoga

Member
Dear all,

Can somebody have a good ZIGZAG and FRACTALS indicator or trading system, since it seems to be good for trend reversal identification. Experienced persons can suggest about trend reversal patterns or indicator.
 

thvi

Member
Dear all,

Can somebody have a good ZIGZAG and FRACTALS indicator or trading system, since it seems to be good for trend reversal identification. Experienced persons can suggest about trend reversal patterns or indicator.
try this indicator
 

Attachments

  • ZigAndZag.mq4
    15 KB · Views: 1

eggzactly

Member
Is this indicator repaint ?

Is this indicator repaint ?

Hi,

Can anyone tell me if this indicator repaints ?

regards,
 
H

hermes

ZigZag fractals is good but try also ZigZag Parabolic. ZigZag's are too much lagging indicators.
Hermes
 

Attachments

  • zigzag fractals.mq4
    6.3 KB · Views: 1

helionf

New member
Hi,

Can anyone tell me if this indicator repaints ?

regards,

Any indicator that tries to predict the high or low of a swing movement; by default, has to 'repaint'. Otherwise, the market only would move in one direction. It is very difficult to trade with an indicator pointing one direction and price moving contrary to it. Therefore, this type of indicators aren't standing alone but they need to be filter out by others indicators within a particular system.

Here is a good zig zag indicator;
 

Attachments

  • ZigZag Pointer.ex4
    4.2 KB · Views: 0
H

hermes

helionf which indicator would you consider to support the zigzags?
It should be some contrary one. Bollinger and RSI I would say could do it.
Hermes
 

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