Support Board
Date/Time: Sat, 11 Jan 2025 22:59:57 +0000
Post From: zig zag not always quite right
| [2017-01-06 19:26:10] |
| User771416 - Posts: 47 |
|
Here are the zig zag settings: http://screencast.com/t/zDgjcMN1 With all due respect, i believe you're incorrect in your statement. the Reversal Amount for Calculation 2,3 is set to .4, the bar count for reversal is set to 4. Per the documentation, the reversal condition is true on the fourth bar because the diference between the store Last High (1683.40) and the next bar's low (1682.40) is more than the setting value of .4; next it checks the number of bars and if the number of bars is greater than or equal to the Number of Bars Required for Reversal (in this case 4) the trend is changed to down. The low of the bar that changed the direction is stored as the lowest low and in this case that should be 1682.00. This is all per your documentation. Can you please help me understand why you're saying what you're saying? What in the documentation is telling you that the down trend didn't validate until that 7th bar? |