The Cor Zig Zag Forex indicator is an optimized version of the popular ZigZag indicator that independently builds price channels.
The Cor Zig Zag trading indicator displays channels on the price chart of a currency pair based on the highs and lows of the standard Zig Zag indicator. You should keep in mind that as the ordinary Zig Zag indicator repaints when the price reaches new highs or lows, so does the Cor Zig Zag indicator and it redraws the price channel based on recent price development.
This indicator can become one of the elements of a trend trading system, and will also be useful for traders who use the Zig Zag indicator in the analysis.
Features of Cor Zig Zag MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Cor-Zig-Zag.zip file you will find:
Download Cor Zig Zag MT4 indicator for free: