XigXag - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
XigXag is a modified version of the ZigZag indicator. This is used in Xtrader and can be found on the market. The best description of the input parameters is as follows: https://www.mql5.com/en/code/7796
Xtrader uses this indicator to summarize the highs and lows of losing positions opened and closed.
Attachment download
📎 xigxag.mq4 (5.78 KB)
Source: MQL5 #11353
XigXag - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
XigXag - 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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