Support Board
Date/Time: Sat, 11 Jan 2025 22:52:20 +0000
Post From: zig zag not always quite right
| [2017-01-06 18:12:41] |
| User771416 - Posts: 47 |
|
I don't disagree, and i'm not saying it doesn't work. I'm asking if you can help me understand why i'm seeing what you see in the pic i attached. I'm sure there's a mathematical reason for it, but i can't figure out what that reason is. It's a Zig Zag study using calc method 2. Per the documentation it should have read the last high, and recognized the reversal (which it did). You can see that it was in an up trend, correctly recognized the reversal, and started to calculate the downtrend from the point of the last high at 1683.40. However, once in the downtrend, while it correctly recognized the reversal IT IS NOT USING THE LAST LOW as the low of that downtrend nor is it using that point as the start of the new uptrend. The length of the down trend should be 14 Ticks, not 4 ticks. Please take another look at the chart I previously attached and help me understand why the Zig Zag study is not using that last low of 1682.00 as the low of the downtrend and starting point for the subsequent uptrend. |