ZigZag Pointer - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
This indicator is similar to ASCTrend and in my opinion it is even better. Works by system: High - Low. - Free download of the "ZigZag Pointer" indicator for MetaTrader 4 designed by "Scriptor" in the MQL5 code base, April 26, 2016
Attachment download
📎ZigZag_Pointer.mq4 (4.27 KB)
Source: MQL5 #7401
ZigZag Pointer - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
ZigZag Pointer - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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