XigXag – indicator MetaTrader 4
XigXag is a modification of the ZigZag indiactor. This is used in the Xtrader which can be found on the Market place. The input parameters are best described here: ExtDepth=12; Number of bars for the next high or low when calculating ExtDeviation. ExtDeviation=5; Number of pips higher or lower than previous high or low. ExtBackstep=3; … Read more