Indicators: Zig Zag & Fibonacci

[Automated-Trading]

Zig Zag & Fibonacci:

One of the best indicators about with a slight tweak to make it less noisy. Shows ZigZag lines to help spot cycles and draws Fibonacci lines to indicate support and resistance levels.

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Author: Brett Jones

[kate]

Thank you very much for doing this, I really like this, however I have a white chart background, and the fibo lines are yellow.  I've looked at the code

but cannot find where to change this.  Is it possible to add an option?

ObjectCreate("Fibo", OBJ_FIBO,0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);  

Regards & thank you

kate

[piotrekm060]

Hi, i have the same problem, my background chart is white and can't see fibo lines :(

regards

peter

[flofri]

This seems not possible, I am afraid.

To change an objects color, we would add:

ObjectSet("Fibo", OBJPROP_COLOR, clrDarkBlue); // or any color you like, type clr and get suggestions :)

After:

ObjectCreate("Fibo", OBJ_FIBO, 0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);

And this works like a charm....but! Only the diagonal connection-line between the high and the low changes its color and the horizontal (Fib) lines remain yellow. No matter what I tried :(

Funny decision of the mq4 team :)

[Brett Jones]

kate682:

Thank you very much for doing this, I really like this, however I have a white chart background, and the fibo lines are yellow.  I've looked at the code

but cannot find where to change this.  Is it possible to add an option?

ObjectCreate("Fibo", OBJ_FIBO,0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);  

Regards & thank you

kate

Hi,

Here is a quick work around:

If the very bottom if statement of code where it says:

      ObjectCreate("Fibo", OBJ_FIBO, 0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);

Add this:

      ObjectSet("Fibo", OBJPROP_LEVELCOLOR, clrWhite);

Best Regards

Brett

[Brett Jones]

piotrekm060:

Hi, i have the same problem, my background chart is white and can't see fibo lines :(

regards

peter

Hi,

Here is a quick work around:

If the very bottom if statement of code where it says:

      ObjectCreate("Fibo", OBJ_FIBO, 0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);

Add this:

      ObjectSet("Fibo", OBJPROP_LEVELCOLOR, clrWhite);

Best Regards

Brett

[Brett Jones]

flofri:

This seems not possible, I am afraid.

To change an objects color, we would add:

ObjectSet("Fibo", OBJPROP_COLOR, clrDarkBlue); // or any color you like, type clr and get suggestions :)

After:

ObjectCreate("Fibo", OBJ_FIBO, 0, Time[PreviousZigZag], ExtMapBuffer[LastZigZag], Time[LastZigZag], ExtMapBuffer[PreviousZigZag]);

And this works like a charm....but! Only the diagonal connection-line between the high and the low changes its color and the horizontal (Fib) lines remain yellow. No matter what I tried :(

Funny decision of the mq4 team :)

[Jian Shern]

hey mate, 

I found that your ZigZag indicator keep shifting to new candlebars as appeared. 
it does not show a FIRM entry!!! from buy order.....keep dropping and running down to sell order. wtf mate

[Ongku Syarif Hasibuan]

tankyou...this indicator very usefull 

[JAPA no TRADE]

Hi,

This sound very useful.

Do you have this code for MT5?

Thank you.

[dougclose]

Thanks for making this indicator. I'm trying to change the code so the Fibonacci starts where the Red and Blue lines are (the last *FIXED* swing low/high). You have the lines correct, but the Fib isn't right. But my programming skills are lacking and I can't figure it out. If you could give us a work around your indi would be absolutely PERFECT. Thanks a lot.