The Fibonacci ZigZag Retracement (F2ZZ) is drawn as an overlay on any Swordfish Main price chart. The ZigZag Retracement uses a single parameter to set the percentage value. Be sure to create the parameters exactly as shown.
The ZigZag Peak is drawn in green.
The Retracements are drawn in gray.
The ZigZag Through is drawn in red.
The 30-minute chart below shows the Fibonacci ZigZag Retracements on 2014-08-19 with ZigPer set as the default of 0.1.
Create the Fibonacci ZigZag Retracement Indicator on your Swordfish by following the instructions below: Follow the detailed instructions for the Custom Indicator Installation Example if you are unsure of how to add an indicator or watch our YouTube video.
Download the Swordfish indicator script file. Use Ctrl-V to paste the code from the downloaded file into the script area.
