Hi Andrew,
The Zig Zag indicator is a Ninja Trader indicator I found here. I have a couple of different versions.
One version counts the number of bars between peaks/troughs and the other counts the number of points in the move. The time one has Fib drawing tools built in that automajically draw fib extensions/retraces/circles etc. If you have a data feed compatible with NT I highly recommend downloading it and giving it a try. To use it as a charting package costs nothing and you can even feed it data from yahoo finance (although no intraday stuff).
For anyone using NT, if you drop me an email at the address in my sig, I'm happy to forward the zip files as they are publically available.
All is well in my part of the world although Xmas was a bit rough as we had a fairly sudden death in the family. As I posted before Xmas, I have deliberately stayed away from the markets to give myself some time off and spend some quality time with Mrs Treggs doing lazy things like long brunches. Plenty of dog walking and beach time too.
If you could send some cool weather our way I would be in your debt.though BOM is predicting three days in a row of 41C so I am hiding in a darkened and air conditioned study :) I'm allergic to heat.
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