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A Zigzag Indicator Based on Gann Principles

Article MQL5 code base
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Summary

This brief description introduces an indicator that represents the Gann principle as a zigzag. It identifies the implementation as an MQL4 indicator and says it was first published in 2007. The stated concept is using a zigzag form to apply Gann-style price analysis; no calculation rules, parameters, or trading signals are explained.

The document offers no performance data, examples, or discussion of how to interpret the indicator. It is therefore useful mainly as a pointer to a technical-analysis tool, rather than a guide to a complete trading method. The indicator’s limitations and behavior in live markets cannot be assessed from the description alone.

Key ideas

  • The indicator expresses a Gann principle through a zigzag representation.
  • It was originally written for MQL4 and published in 2007.
  • The description does not specify calculation details, signal rules, or performance evidence.

Tags

Technical indicators

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.