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Date/Time: Sun, 06 Oct 2024 15:11:57 +0000



Post From: Average of ZigZag Length

[2017-06-21 09:52:54]
Neo - Posts: 198
The Zigzag line length implementation is correct, you can visually replicate +/- swing movements from the picture posted, as shown by the green/ red squares, and horizontal profile ( see pic)
- This can all be shown in 1 chart region. however, the horizontal profile will only show visable chart bars, and not all bars loaded on the chart.

@ SC Engineering: The moving average implementation looks wrong.
-You need 2 x moving average studies- 1x moving average that ignores chart bars on the lookback and only calculates on subgraph values > 0, and 1 x moving average that ignores chart bars on the look back and only calculates on subgraph values <0.

Then if you wanted to measure "normal" versus an "extreme" zigzag length in either direction, you would do a comparison of the CurrentSubgrpah/ AverageSubgrpah.
Date Time Of Last Edit: 2017-06-21 09:53:24
imagezz length.png / V - Attached On 2017-06-21 09:49:23 UTC - Size: 67.05 KB - 695 views