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Parabolic ZigZag | ZigZagOnParabolic | Forex indicator download - MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |

ZigZagOnParabolic ZigZagOnParabolic is a classic ZigZag indicator that has been changed to use Parabolic SAR as the basis for its peaks and troughs. > ZigZagOnParabolic is a classic zigzag indicator changed to use Parabolic SAR as the basis for its peaks and troughs. ### Project Information - Programming Language: MQL5 - Star: 14 - Fork: 7 - License: Apache License 2.0 - Update Time: 2026-01-04T14:13:11Z ### Detailed introduction #ZigZagOnParabolic is a custom MT4/MT5 indicator coded by EarnForex.com. This indicator takes the classic Parabolic SAR and uses its reversals as cues for zigzag peaks and troughs. The indicator can show peaks and troughs on actual max/min times and detection times. Alerts are also included. ZigZagOnParabolic shows a consolidation phase and a breakout More information about this custom MetaTrader indicator can be found here: Any contributions to the code are welcome! ### File download - ZigZagOnParabolic.mq4 - ZigZagOnParabolic.mq5 ### Source codeView GitHub repository

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