Auto ZZ SR Indicator
Summary
This indicator automatically draws trend lines using ZigZag extreme top and bottom points. The indicator constantly updates the trend lines on the chart as the market progresses.
The indicator will work on any type of account, account #, or chart. All settings are adjustable.
Inputs
- Delete_Lines
If true, the indicator will delete old trend lines as new ZZ extreme points form. If false, old trend lines will not be deleted.
- Num_ZZ_Extremes
The number of past ZZ extreme points that will be used for drawing the trend lines.
- SupportColor
The color of the support trend lines.
- ResistanceColor
The color of the resistance trend lines.
- ResistanceColor
The color of the resistance trend lines.
- ExtDepth, ExtDeviation, ExtBackstep
These are basic ZigZag indicator settings.
Notes
- The ZigZag indicator can also be drawn on the chart as well. To do this, simply choose a color in the 'Color' tab.
- DLL imports must be enabled for this indicator to work.
Forum
- The official forum to post your comments, questions, concerns, or bug reports about the Auto ZZ SR Indicator can be found at Forex Zone Forum.
Example
Download
- The current version is v1.00. Updates will be made based on customer feedback.
- This indicator is FREE with no restrictions! Just use the link below to download instantly.
- Post your questions or feedback on the official Auto ZZ SR Indicator forum page.
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