![]() ![]() 1) indicator is a polyline connecting the local price Highs and Lows. ![]() The task at hand is to make sure that obtaining data from the ZigZag and using it as a part of other algorithms is not as complex and time-consuming. Division into base and child classes will be carried out so as to make the creation of different new ZigZag variations as simple as possible.Īpart from plotting the ZigZag itself, the article will also focus on using the resulting indicator for developing other indicators and experts. Multiple base classes for different stages of plotting the ZigZag will be created, multiple child classes will be created for each stage. ![]() Object Oriented Programming will be used in development of the indicator. This algorithm will be used as a basis for creating the universal indicator, which allows to select different ZigZag types via the properties window. This article will consider the requirements for plotting a ZigZag, as well as different methods for plotting it, draw conclusions and obtain a unified algorithm. This happens because it is not so easy to extract and interpret the ZigZag data. For the indicators that operate fast and without errors, complications still arise when using them in development of an EA or another indicator. Others constantly generate errors, which makes them difficult to use even for visual observation. However, some of them are too slow, which makes them unsuitable for creating experts. To date, a multitude of the ZigZag varieties has been developed. 1) is one of the most popular indicators among the MetaTrader 5 users.
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