OK! Big Update
I reworked the indicator, totally removed the ZigZag MOD v3 - now it's not needed,
Now indicator only considers price channel - the highest and lowest values at some range - Bars to consider parameter. Just like the original book stated:
" We Draw the line back to the highest/lowest candlestick before the reversal was made( Maximum of 14 candlesticks back) "
Fixed a lot of bugs with arrows pop-up, tested it myself, now it shouldn't repaint.
The Draw actual lines parameter draws lines, and all arrows do pop-up once these lines are crossed.
ITM calculater still not fixed.
The Draw actual lines can show not straight lines - it's because of Price channel, still working on it, but now it's more appropriate enough for a straight line.
Any bugs, errors, suggestions - write here
thanks again for all your hard work.
I have a suggestion about using your indi.
I tried a lot of stuff to filter out wrong, or getting more signals, where a candlestick- pattern-based indicator can`t find them.
Nothing worked stable.
Now I am thingking, as "Binary Triumph" is nothing else than signaling the breaks of trendlines between the 1 2 3 moves (But dependent on candlstick patterns), why not working with 123?
Here is a very good teaching about using 1 2 3 pattern in general, even without an indi.
How to use the 123 strategy effectuvely.pdf 1.63MB
I know it is a lot of work, but what if tweezers, or engulfings are no longer the reason for signals.
123 instead, based on Fibonacci tool.
The rules could be like:
In trending conditions, shown by a lwma 20, typical price, once 1 and 2 is identified and the way from 2 to 3 has to have at least 50% fib (based on 1 to 2) or maybe different levels can be recogniced by the indicator, don`t know.
Just an idea to bring price cycles (123) (without candlestick patterns) which are happening all the time in all conditions, in all timeframes, in conjunction with Binary Triumph, which is nothing more than PA (but with candlestick patterns)