Support Board
Date/Time: Sun, 02 Feb 2025 18:05:34 +0000
Post From: Zig Zag Alerts
| [2019-09-15 05:40:19] |
| Sawtooth - Posts: 4164 |
|
Referring to your example: The ZZ line goes above the previous HH only intrabar in the 18:44 bar. When the 18:45 bar opens and builds, the slope of the ZZ line lessens such that its value at the 18:44 bar is no longer above the previous HH. The ZZ line has a steeper slope in the 18:44 bar than it does in the 18:45 bar because it begins at the HL in the 18:41 bar and lessens its slope as it moves to newer HH bars. This same thing occurs again in the 18:45/18:46 bars. The ZZ line's higher intrabar value in the 18:44 bar is not retained, and is unavailable to be used in formulas. The only ZZ line values that are retained are values after the leg finalizes. ZZ line values of the developing leg are not retained. Since you say your actual formulas are more complex than this test example, I'm not able to offer any formula suggestions to get you the desired result. If you want a more detailed and personalized analysis, you can contact me here: https://www.sawtoothtrade.com/contact.html |