One of the threads on this forum discusses a system for trading. As a newbie, I want to make sure that I understand the indicators on the attached chart.
To start with, can someone explain the zigzag indicator with the 123 ZZ semafor.
There are three (3) periods:
P1 = 5.0
P2 = 13.0
P3 = 34.0.
Dev_step 1 = 1,3
Dev_step 2 = 8,5
Dev_step 3 = 13,8
Symbol_1_Kod = 140
Symbol_2_Kod = 141
Symbol_3_Kod = 142
This indicator is supposed to be a leading indicator or a "heads up" on changing directions - if I get it correctly.
To start with, can someone explain the zigzag indicator with the 123 ZZ semafor.
There are three (3) periods:
P1 = 5.0
P2 = 13.0
P3 = 34.0.
Dev_step 1 = 1,3
Dev_step 2 = 8,5
Dev_step 3 = 13,8
Symbol_1_Kod = 140
Symbol_2_Kod = 141
Symbol_3_Kod = 142
This indicator is supposed to be a leading indicator or a "heads up" on changing directions - if I get it correctly.