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Down arrow: Sale
Up arrow: Purchase
Point yellow: exit the market
It is rare to repaint, but why the filter with Heiko Ashi Smoothed, gives very good entry and exit, the problem is that it is difficult to use because they do not give any kind of warning sign, I would like to please if someone can do to show a warning, the pair and what kind of signal is which gives,
I just tested if this indicator does not repaint - IT IS REPAINTING ITSELF LIKE ANY OTHER ZIGZAG
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The author claims it's less redrawing at 90 % than normal zigzag, at the end of article :
Quote:
Conclusion
As a result, we've got an indicator with an algorithm that is perhaps obvious, but never used by anyone before, delivered from some disadvantages of standard ZigZag and owning the following advantages:
*
nodes are redrawn relatively less frequently, the redrawing being reasonable for both the swing and the previous price movement. At the same time, if they coincide on different TFs, then it is 90-95% probable that no redrawing will occur;
*
the possibility of observing everything that happens on three larger TF on a single chart, and, as a result, the possibility discover the main trends without using any additional constructions or tools;
*
using for ZigZag calculations any substandard TFs (from M5 to MN1) meeting any taste and need;
*
efficiency, high speed of calculations, clear algorithm and code that can be easily corrected and improved.
Here is Zig and Zag expert advisor statistics dont lie. , it repaints if price goes above higher high or below lower low.Stop chasing the shadow before you are getting a headache.
, it repaints if price goes above higher high or below lower low.Stop chasing the shadow before you are getting a headache.
its repainting, you need another indicator to filter it.
cross over with alarm alert
Linear Mode
