The v6.5 of ZigZagUTC updated to compile in v7. Here's the description that anachronist cited in his upload in the v6.5 Indicators forum:

ZigZagUTC ‐ another zig zag indicator

I derived this from the verbal description on page 39 of The Ultimate Trading Guide by John R. Hill, George Pruitt, and Lundy Hill, published (2000) by John Wiley and Sons, Inc, ISBN 0‐471‐38135‐7

One thing I have discovered with this indicator though...when a swing high or low is found and the indicator begins to search in the opposite direction for the next swing, it ignores a higher high or lower low. So you could possibly get invalid zigzag swing points if this is not corrected in the code.

Created By cassb
NinjaTrader Version 7
File Size 7.6 KB
Create Date 02/18/2011
# of Downloads 1523

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