Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames(MTF), Swing, Volume, Overbought, Oversold
Customization and Conversion for: MetaTrader(MT4, MT5), Thinkorswim, NinjaTrader, MultiCharts, Tradingview, Prorealtime, SierraChart, etc.
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ZigZag Percent Indicator for NinjaTrader 7 Life time license

ZigZag Percent  Indicator for NinjaTrader 7 Life time license
ZigZag Percent  Indicator for NinjaTrader 7 Life time license ZigZag Percent  Indicator for NinjaTrader 7 Life time license ZigZag Percent  Indicator for NinjaTrader 7 Life time license ZigZag Percent  Indicator for NinjaTrader 7 Life time license ZigZag Percent  Indicator for NinjaTrader 7 Life time license ZigZag Percent  Indicator for NinjaTrader 7 Life time license
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Price: $249.00USD $169.00USD
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Note that the last segment of the plot can change its direction drastically as a considerable future market move might occur.
Please make sure you understand the mechanism of zigzag before purchasing this indicator.


The Zigzag Percent indicator connects swing points if difference in prices exceeds a 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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