Forex Multiple Zig Zags Single Window Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Multiple Zig Zags Single Window Indicator. In the code it works with ZigZag. It has 6 settings, for example Depth (default 12), Dev (default 5) and BStep (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Multiple Zig Zags Single Window Indicator
Forex Multiple Zig Zags Single Window Indicator is an indicator for MetaTrader 4 based on ZigZag. It has 6 settings, such as Depth, Dev and B step. MQL source code included.
Files in the download: installation manual.txt, several_ZZs.mq4, ZigZag_Rosh.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Depth | 12 | |
| Dev | 5 | |
| B step | 3 | Distance between orders |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: ZigZag · MT4 Indicator · MQL4 Source Code