So, the maximum number of indicators shows that you should look for buy signals from the help tool. In this situation, zig-zags and MACD help each other. But there is a second possibility to use this indicator. This possibility is according to the Elliot wave principle.
The zig-zag indicator works on impulse and correction waves. The impulse wave includes five small waves and towards the bigger and stronger tendency, while the correction wave includes three small waves and moves towards the tendency. In forex trading, you can combine zigzag indicators with expert advisor divergence moving average indicators to get profit in expert advisor divergence trading. It is recommended that you use the MetaTrader to display the indicator. The following is a setup guide for the zig-zag & moving average indicator. For Zigzag settings: open the insert menu, indicators, custom, then select zig zag. Because we do take the default from MetaTrader, then we just click ok. If you want to change the color and thickness of the line is also allowed, please click Colors.
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Zig Zag shows past performance trends and only the most important changes. This indicator filters all changes less than a certain number. Zig Zag can help you see changes by highlighting the most important reversals. In the last segment in Zig Zag, it can change based on basic plot changes. Without moving averages or other trend indicators, expert advisor divergence dont try to trade only with zig- zag. For Moving Average settings: open the insert menu, indicators, trends, then select Moving Average. Repeat the process, to get the moving average period 4, distinguish the color from the moving average 2.Again, repeat the expert advisor divergence process to display 30 moving average indicators. If Zig Zag has connected the price expert advisor divergence from top to bottom or vice versa then there is a trend change if the average moving 2 has crossedpassed the divergence advisor expert moving average 4. If the moving average 2 is a 4 cross moving average expert advisor divergence from the bottom up, and there are zig-zag connections, then you can do open expert advisor divergence Buy. Conversely, if the average moving forex ea list 2 is already cross moving average 4 from top to bottom then you can open sell, especially if the zig-zag has made a connection.
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