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Originally Posted by creative
Thank you Vlad! If you have the time, can you explain the main adds to this new MM? And what settings fit the indicator best? Take care!  |
I'lll try
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When you looking for extremums in old version You may get just maximum or minimum value on the period. If this one is no extremum. This is a property of MT4 functions (Highest()&Lowest()). Their algorithm is created for MT4 Zig-Zag indicator. For our case it is not right.
In general cases this ones (exteremum and max\min on period) is no equal. And you may catch partly old trend to building levels.
In new version I have to write own algorithm of finding exteremums (not max or minimum - exactly extremums). Also we have to check prices on last bar - to finde braking of oktava.
Best Regards. Vladislav(VG).