
Zig Zag Larsen Arrows Indicator
Platform: MT4 Type: Scalping Last update: November 2, 2024The Zig Zag Larsen Arrows indicator for MetaTrader 4 is, as the name suggests, a simple buy/sell arrows trading tool for scalpers.
By default, it provides large amount of signals. That noise is a little bit too much, but fortunetely a trader can reduce that issue and make it more profitable and reliable. In order to do so, simply go to the settings tab and set “NoiseLevel” value higher, for example, set it to 150.
You can use this standalone, but we suggest using it in conjunction with some technical analysis filters, like moving average indicator.
Example chart:
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