NO-Repaint Zig-Zag

Identifies Higher Highs And Lower Lows.



Installation: Open your MT4, scroll up to File>Open Data Folder>MQL4>Indicators and paste the EX4 file(s) there. Restart MT4.


How It Works

CThe Zig-Zag indicator is one of the best and fastest tools to use to identify if the market is going to make higher highs or lower lows. The Zig-Zag will top of on a high and botton on a low. So the highest peak is often where people either look for Sell trades or at the Bottom, look for Buy trades. The traditional Zig-Zag indicator might show a lagging effect so that is why you should use this one instead. It will show the current status of the trend and only show when a new low or high as been made. Good luck.


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