Thread: ZZ based only on pips

I am searching for a ZZ that begins a retracement leg, only following price has retraced a minimum quantity of pips (user input; variable).

Does anyone have one that really does only this and isn't based upon anything aside from price limits?

Nobody could point in the right direction or has one? Internet search was ineffective.

Perhaps this search will help you out gt; zigxpips close_nmc. mq4

Originally Posted by ;

Perhaps this search can give you a hand gt; zigxpips close_nmc. mq4

Thank you!

Works really nice.

Originally Posted by ;

I am searching for a ZZ that starts a retracement leg, only after price has retraced a minimum amount of pips (user input; changeable). Does anyone have one that does this and is not based upon anything other than price limits? picturepicture

Did you find what you were hunting for ? I wouldn't mind experimenting with the identical thing.

Originally Posted by ;

quote Did you ever find what you were searching for ? I wouldn't mind experimenting with precisely the thing.

zigxpips close_nmc. Mq4 is the closest to what I looked for but there can be quite a good space from close to high or low. It is a resource hog.

ZigZag is not likely to become a sign by itself and it will counter, because it should. ZZ is just one of the indiors that you use to provide you clues to price-action by evaluating the areas which price rejected in the past or may also be used to create indiors such as auto-fibo. Therefore, if you're looking to turn ZZ to a super indior you're gonna really have a bad moment.

Originally Posted by ;

quote zigxpips close_nmc. Mq4 is the closest to what I looked for but there could be quite a great space from close to low or elevated. Also, it is a resource hog.

Found them in the something intriguing thread. Could be pretty helpful. I am gonna examine them out for a little. Hope they help
https://www.forexsoutheast.asia/atta...1550677385.ex4
https://www.forexsoutheast.asia/atta...1581334411.mq4

Originally Posted by ;

ZigZag is never going to be a predictive signal by itself and it is going to always counter, because it needs to. ZZ is one of those indiors you use to give you hints to price-action by evaluating the areas that price rejected previously or may also be utilized to make indiors like auto-fibo. So if you're looking to turn ZZ to a super predictive indior you're gonna really have a bad time.

Thank you for the info, but that is why I asked it.

Originally Posted by ;

quote Thanks for the info, but that is not why I asked for this.

My apologies for not understanding your petition... here's a test to create a new leg following n points.
https://www.forexsoutheast.asia/atta...2671695516.mq4