description: • Zig Zag indicator plots points on the chart whenever prices reverse by a percentage greater than a pre-chosen variable. • Forecasts area based on zigzag statistics. • Displays labels with detected patterns. • Displays slope information rate of price, time diferentials and angle(experimental)
Nota Keluaran
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Added optional input method for zigzag be based on ATR percentage of price with additional optional multiplier.
Nota Keluaran
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added more options: pattern selections, optional components..
GREAT JOB... 1 small Question: what is the meaning of blue arrows <----> on the right side in the projection area? I did not understand the purpose and meaning of it? thanls...
ssco6872
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@nobodyxxx, Hello. I cannot see the replies to your questions to Ricardo . do you have any references as to how to use this in actual trading and what time frame is best ? Thank you
You share the most incredible codes Ricardo, you are amazing and everyone on TV loves you!
Sir_Bobby
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@RicardoSantos was asking which pairs and commodities does your script work well with and the time frames...and how do you adjust based on the volatility of currencies pairs
stop2loss
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Hi, I really like this indicator and I congratulate you. I have not yet understood what changes for example between a Harmonic Tringle (CBA) or one (EDA), thank you in advance for the answer.
RicardoSantos
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@mbusacca, pivots in backwards order g<f<e<d<c<b<a, EDA is reference to triangle E <-- D --> A