Fig.1 H4, step in points: 800 points

SimpleZZ – indicator MetaTrader 5

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The indicator draws on the price chart a simple ZigZag, for which you need to specify only the step value. A break point is added when the length of the ZigZag leg (step) is exceeded.

The indicator provides two possible options for specifying the step:

  1. in points
  2. in percentage

The indicator has two input parameters:

  • Step calculation method – step calculation method;
  • Step size – step value.

Fig.1 H4, step in points: 800 points

Fig.1 H4, step in points: 800 points

Fig.2 H4, step in percentage: 50%

Fig.2 H4, step in percentage: 50%


SimpleZZ – indicator MetaTrader 5
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