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Metatrader 5 Indicators | ZigZagPointer | MQL5 Code

Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.

Real author:

Dr. Gaines

Another interpretation of the ZigZag indicator. Instead of a sawtooth broken line, tops are marked with colored dots in this indicator. It is natural that after such conversion the indicator is still redrawn.

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Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 19.09.2007.

Figure 1. The ZigZagPointer indicator

Figure 1. The ZigZagPointer indicator

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