RicardoSantos

[RS]ZigZag Multiple Methods - Forecast - patterns - labels

experimental:
zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P
this will be the basis for zigzag tools i make in the future.

note: some zigzags REPAINT.
Catatan Pelepasan: improved range based methods to detect reversals, still not perfect(sometimes it uses a previous bar it should not), but atleast it will act better with volatile markets when the range is smaller that the volatility level.
Catatan Pelepasan: Added a very requested leg volume information to labels (currently attached to price label) this may change later with addition of other volume metrics
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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500coin
+1 Balas
This publication will be featured in our Editors' Picks. In the name of all TradingView traders, thank you for your valuable contribution to the TradingView community, and congrats!
+26 Balas
Signals are a bit off. There is another signal script in here called "super trend 2 macd", highly accurate on the 1min and 5min marks I use it on. Also noticed that I was unable to change the colors of the down hour on your via the style function. Cheers
+10 Balas
Morning Ricardo - Great Work - Which setting is best for swings>
+6 Balas
As usual, your code is a masterpiece in this new version of the zigzag, thanks for sharing your knowledge ;).
I did an in-depth revision of the previous version based only on manual or on the atr. If I compare the previous verses that new version, the previous was much more stable in the projection. That new one is more versatile but unfortunately very unstable in the future trend direction.
I think the forecast is ultimately the main purpose of the zig-zag technique and there shall be the focus of the coming zigzag tool.
+6 Balas
This is amazing. Great script, and will help me learn pine coding in harmonics.. Quick question, How do we know what pattern is generating the "projection" window? thank you
+6 Balas
bginvestor bginvestor
@bginvestor, ignore my question, forecast is based on zigzag statistics.
+1 Balas
Amazing work...cannot wait to try it out!
+3 Balas
love your work man.

many thanks.
+3 Balas
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