Zig Zag V2 NRP
This Old Kings indicator for MetaTrader 4 is called Zig Zag V2 NRP. As the name suggests, the idea behind it is the ZigZag swing tracer. The file name marks it as version 2. It draws arrows on the chart and can send alerts. It has 8 settings, for example barn (default 1000), Length B (default 60) and Length K (default 12). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 · v2 · Free
About Zig Zag V2 NRP
Zig Zag V2 NRP is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Barn, Length b and Length k. MQL source code included.
Files in the download: Zigzag v2 LexLmod.ex4, Zigzag v2 LexLmod.mq4, ZigZag v2 NRP.ex4, ZigZag v2 NRP.mq4, Zigzag v2-3 [ôäÇé].ex4, Zigzag v2-3 [ôäÇé].mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Barn | 1000 | |
| Length b | 60 | |
| Length k | 12 | |
| Period | 21 | Period or timeframe used by the calculation |
| Shifts | 0 | Bar shift (0 = current bar) |
| Bar | 2000 | |
| Sound alert mode | false | Turn this alert on or off |
| Soundonly | 1 | Turn this alert on or off |
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 · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code