This is the development community for the indicator that was discussed in great detail at:
Please upload documents such as notes from this thread that you think are important and code samples that you have.
ZZ closed modified (9k)
modification of ZZ closed by Emonts. Do not know this is the right way to get ZZ by closed price or not, not tested yet
Modification of Fractal_Close indicator by Emonts. Adding weekend time filter, using only 5 bars to check the fractals.
CSV to create Database (1.7m)
I uploaded the CSV file for filling the database. I created this file with Smallcats Indi, modified to use only valid close Fractals and ZigZag.
Note that i haven’t filtered ZigZags that don’t end on a Fractal.
You have to handle the situation where two Fractals appear at one bar.
You have to handle the situation with Doji Bars.
ZigZag Close Modified (11.4k)
This is a modification of ZigZag_Close by Emonts. This file needs Fractals_close indicator (by Emonts too). Thanks Emonts.
ZZ close Mod will try to find the end of swing based on CLOSE price, and at the end of ZZ point, it must be fractal exists (based on CLOSE price too).
fractals close (6.1k)
Adapted fractal indicator based on bar close values.
The arrows are a little small. I put them 1 pip above or below the bars in the chart.
Just give it a try.
This indi does not show only the "good" fractals of GG's last chart.
But maybe it gives us a better idea in what direction we have to search/look.
So some research has to be done.
Adapted zigzag indicator
Comprehensive notes from FF (1.6m)
Thank you so much Madmoney for sharing this great document. I'm making a copy of it in the documents section so all the important stuff is here in one place.
Blank EA (1.3k)
This is just an empty EA to be used for back testing the indicator.