Who can explain the creating progress of ZiZag standard highs/lows as in this picture? - page 2

 
vinawings:

Hi Laurent,

Your most value advice: not to overtrade!

Thank you warmly.

hello,

your welcome :)) 


laurent

 

Hi Laurent and all,

Eventually, I've found exactly the answer for Deviation and Depth parameter of default ZigZag on MT4:

"In Empty4's ZigZag, percentage is NOT looked at. 

Instead it looks back for the highest Highs and lowest Lows of the past n bars, called 'ExtDepth' in ZigZag."

Exactly as  Icham Idibe said above.

You can read it in here.

But I can't find the answer for Backstep parameter for default ZigZag on MT4.

I don't know the way Backstep parameter used for default ZigZag MT4.

Anyone can help?

Thank you very much.