ZigZag Channel

AGL ENERGY LIMITED.ASX

Huraian

⋅ 21 Jul 2021 pukul 12.34

This is recreation of Donchian Channel - Pivot High Low indicator present here: tradingview.com/script/uUykfqwL-Donchian-Channel-Pivot-High-Low/

But, instead of traditional pivot high lows, this is based on pivots created from zigzag indicator.

This indicator is created on top of existing Zigzag indicator using lines array: tradingview.com/script/m4bPhnpu-ZigZag-Using-Line-Array/

Parameter HighLowLength refers to number of zigzag lines back which can be used to calculate top and bottom of donchian channel.

Nota Keluaran

⋅ 21 Jul 2021 pukul 12.41

Added option waitForConfirmation.

Difference it makes is as shown in the picture below:

Komen

just_naba

⋅ 21 Jul 2021 pukul 13.18

as always great, ,,thanks

ukmpits

⋅ 20 Nov 2023 pukul 03.55

@Trendoscope Sir, please clean the code and upgrade to V5 if you don't mind..for better performance? Please add the alarm alert function to Sir.. Thanks mate

ukmpits

⋅ 20 Nov 2023 pukul 03.33

@Trendoscope Sir, this Is good..any indicator to combine with this one? Is there any future improvement? Thanks mate

ibhumulla

⋅ 20 Feb 2023 pukul 06.35

Best way to use it is when price bar completely out of band and price break high of candle with green bar that is buy. For sell wise a versa . U almost catch top and bottom. Stoploss is below swing or below bar. U can easily get 1:5. Try it this is amazing

Parimal_S

⋅ 23 Nov 2021 pukul 09.16

thanks

Lebih