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ZIG ZAG Free
Indicador
323 transferĂȘncias
Version 1.0, Oct 2025
Windows, Mac


ZigZag Free (cTrader Indicator)
What it is
ZigZag Free is a clean swing-detection tool that marks significant pivot highs/lows and connects them with an uncluttered line. Itâs ideal for market-structure reading (HH/HL/LH/LL), drawing channels and trendlines with less noise, and spotting swing patterns and impulse/correction sequences.
How it works
- Tracks the current swing extreme (Up/Down).
- When price reverses by at least the Deviation threshold and at least Backstep bars have elapsed since the last extreme, the new pivot is confirmed (no repaint).
- Confirmed highs/lows are plotted as points and connected by the ZigZag line.
- (Optional) The last leg can be visually extended to the current bar; already-confirmed pivots never repaint.
Parameters
- Deviation Units:
Pips|Percentâ choose the unit for the reversal threshold. - Deviation Value: non-negative number â the reversal size in pips or percent.
- Backstep (bars): integer â„ 1 â minimum bars between consecutive pivots to filter minor retracements.
- Price Mode:
HighLow|Closeâ compute using highs/lows or closes only. - Extend Last Leg:
true/falseâ extend the unfinished leg for live visualization.
Outputs (for cBots/indicators)
- ZigZag: line values at confirmed pivots (NaN elsewhere; optionally extended on the last leg).
- High Pivots: points only at confirmed swing highs.
- Low Pivots: points only at confirmed swing lows.
Repaint policy
- Confirmed pivots do not repaint.
- The last leg can move until a new pivot is confirmed (standard ZigZag behavior). Disable âExtend Last Legâ to view only consolidated pivots.
Tips
- Higher timeframes â consider a larger Deviation; lower timeframes â smaller.
- Prefer Percent in highly volatile instruments; Pips is often intuitive on major FX pairs.
- Increase Backstep to reduce false swings in noisy markets.
Compatibility
- Modern cTrader/cAlgo (uses
Bars.*API andLineColoroutputs). - Works on any symbol and timeframe.
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NAS100
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XAUUSD
Commodities
Forex
Signal
EURUSD
GBPUSD
BTCUSD
ZigZag
Indices
Prop
Stocks
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USDJPY
Scalping
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