Zigzag V.2 2
This Old Kings indicator for MetaTrader 4 is called Zigzag V.2 2. Its name points to the ZigZag swing tracer. The file name marks it as version 2.2. 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). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Zigzag V.2 2
Zigzag V.2 2 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_v.2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Barn | 1000 | |
| Length b | 60 | |
| Length k | 12 | |
| Sound alert mode | 1 | Turn this alert on or off |
| Soundonly | 1 | Turn this alert on or off |
| Period | 21 | Period or timeframe used by the calculation |
| Shifts | 0 | Bar shift (0 = current bar) |
| Bar | 2000 |
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