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Hello everybody,

I was working on indicators that are based on statistical concepts.

I cerated two indicators.

First one is very simple ZigZag which bases on price movement. It only have one parameter MinMove whitch stands for minimal movment that will be considered as a swig. Defalult value is 2 what means that moves less then 2% will be ignored.

The second indicator is something I am proud of. It comperes current move of price to previous moves and calculates percentile in whith current move fits.

You can use this indicator both in counter trend and in trend following strategies.

However my question is can I combine this indicator as one.

One of them works on the chart window and other on separate window and I have to set parameters at both of them. It would be nice if I could set parameters in one place.

So pleas give me your opinion about my indicators do you find them usefull.

Maybe you have some ideas how to improve them?

mmSwing

Green line is time percentile, Red is range percentile, Blue zigzag