Popular tags: Support, Resistance, Trend, Range, Wave, Divergence, Multi time frames(MTF), Statistic, Volume, Overbought, Oversold
 
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ZigZag Percent Indicator for NinjaTrader 7 1 year license

ZigZag Percent  Indicator for NinjaTrader 7 1 year license
ZigZag Percent  Indicator for NinjaTrader 7 1 year license ZigZag Percent  Indicator for NinjaTrader 7 1 year license ZigZag Percent  Indicator for NinjaTrader 7 1 year license ZigZag Percent  Indicator for NinjaTrader 7 1 year license ZigZag Percent  Indicator for NinjaTrader 7 1 year license ZigZag Percent  Indicator for NinjaTrader 7 1 year license
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VIP price: $59   1 year license.

The ZigZag Percent indicator connects swing points if difference in prices exceeds given percentage. A high swing point is a bar which price is greater than that of the previous and the following bar; conversely, a low swing point is a bar which price is lower than that of the previous and the following bar. 

Features and Parameters:

  • ZigZag_Percentage: ZigZag Percentage factor, if sets to 0, it will only use ATR.
  • ATR_Period: # of bars ATR in a defined time period.
  • ATR_Factor: ATR factor, if sets to 0, it will only use percentage.
  • FontSize: font Size of the zigzag percentage.
  • TextColor: Color of the zigzag percentage.
  • OutlineColor: Text box outline color of the zigzag percentage.
  • AreaColor: Text box fill color of the zigzag percentage.
  • AreaOpacity: Level of transparency for the fill color. Valid between 0 - 10. (0 = completely transparent, 10 = no opacity)
 

How to use:
If you want to filter out minor market moves, such as price change less than 0.2%, then you can set ZigZag_Percentage to 0.2. The indicator will highlight all swing points that are greater than 0.2%.



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