Zigzagger 2.0 Indicator is a great indicator that uses a top strategy of Rita Lasker. It can show good non-repainting signals on live bar including screenshots for a quick look and customized parameters from original to be improved. The suggested time frame is M15 and Stop loss can be fractal high/low, but regardless exit preceding position at opposite arrow.
I favor the up time frames to stay away from market noise and not changing time frames is as well less distracting and is focused. Using this strategy, you can earn many good pips to be made every day. For newer traders, you may observe that there are a couple of loss trades shown, and that is good quality and indicative of non-repainting sort indicator. On the other hand, repainting indicators will do correction for any loss signals and that is not good.
In my opinion, all the pip distances from the turn manually on the chart so that you can easily. The pip distances can be your 1 x R target as well. The 15 pips or less risk limit is related to the M15 chart as well as not every other time frame.
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