Indicator to display tops/bottoms and price/percentage change and maybe even velocity

[elisa]

In my journey in testing out different platform I found super insightful the below indicator that identifies pivot points and displays price/percentage change and even the number of bars in each swing. Lines are color coded to express velocity of those moves based on price change vs bars taken.

[Mike Medved]

Zig Zag indicator?

[elisa]

yes, it is based on the zig zag indicator

[Mike Medved]

Did you try the Zig Zag indicator in MT?

 

[elisa]

tried it, I believe displaying price change and/or percentage change and/or number of bars/candles makes a huge difference

23 hours ago, Mike Medved said:

Did you try the Zig Zag indicator in MT?

 

Sure, trying out things is where I do best. Here is a screenshot from MT and a screenshot to compare it to.
How do the two compare in your opinion?
Are they as effective? Can they be read just as fast? Are they as clear? Do they convey the same information?

Edited February 8, 2022 by elisa

[Mike Medved]

Well - 1st, is it the same zigzag? If it is, displaying extra info is no problem.

[elisa]

These are the same AMD at the time of this post. How do they compare?