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Date/Time: Sun, 22 Dec 2024 07:57:14 +0000



Post From: ZigZag Reversal Price is not as described

[2015-03-31 04:44:24]
jivetrader - Posts: 410
SC, please fix ZigZag SG3 Reversal Price

also please fix the math here: http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s133

-Mode 1 with Uptrend: ReversalPrice = LastHigh - (LastHigh * Reversal % for Calculation Mode 1)
-Mode 3 with Uptrend: ReversalPrice = LastHigh - Reversal Amount for Calculation Mode 2,3
-Mode 1 With Downtrend: ReversalPrice = LastLow + (LastLow * Reversal % for Calculation Mode 1)
-Mode 3 With Downtrend: ReversalPrice = LastLow + Reversal Amount for Calculation Mode 2,3

these formulas do not work. as it is now, a user cannot calculate a Method 1 Reversal Price in any way. the study subgraph is incorrect and the math does not work.