Quote:
Originally Posted by mp6140
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Rydnek --- with over 200 pages of stuff to read thru, I wonder what the name of the "zigzag" and pointers on your chart are.
I use much the same system, with some s+r differences and am curious as to which ones are on your chart
thnx
mp
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Hi, I used bigbear's indicators as found on his first post. I did modify the Pointer, which was done by Dr. Gaines. to conform to MT4 for "Highest & Lowest". That file is attached. I am attaching another indicator for MTF ADX done by Tom Balfe that gives a lot of info in a small space. If we could put changes in direction for multiple time frames in one window that would help.
The zig zag lines REPAINT AND the POINTER does also. I use both as an alert and then use filters, as others have indicated. The variables used for the pointer should match the length of the cycles as close as possible. I am working on adapting the variables in real time to match the cycle length and the price change as close as possible. It is difficult to use these types of indicators in an EA, but it can be done. Thanks again BigBear and other contributors.
Rydnek