Support Board
Date/Time: Wed, 12 Feb 2025 19:23:21 +0000
Post From: Zig Zag Using first touch of a price as the turning point
| [2020-10-31 18:51:12] |
| User682444 - Posts: 12 |
|
If price hits an extreme point for the run, bounces (less than the reversal amount) and then hits the same price again (double top/bottom), the turning point for the ZIG Zag will move from the first touch to the subsequent touch. I would like the turning point to remain as the first touch of the extreme. Any subsequent touch is not a new High or Low but is indicative of failure and will indicate probable divergence. Could this different way of recognizing the extreme be an option in the option list? |