Absolute ZigZag

19 thg 9, 2024

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

Instead of using percentages or looking more than 1 bar left or right, this Zigzag library calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating pivots.

The library also features a solution for bars that have both a higher high and a higher low like seen below.


You can also use your own colors for the labels and the lines:


You can also quickly select a one-colored theme without changing all colors at once:

27 thg 11, 2024

Phát hành các Ghi chú

This ZigZag Indicator is a bit unique in it's kind.
It uses my own Absolute ZigZag Lib to calculate the pivots:

Instead of using percentages or looking more than 1 bar left or right, this Zigzag indicator calculates pivots by just looking at the current bar highs and lows and the ones of one bar earlier. This is a very fast and accurate way of calculating pivots.

The indicator also features a solution for bars that have both a higher high and a higher. In this situation the indicator will look into a lower time-frame to detect what event happened first. You can turn this feature off in the settings.

13 thg 1

Phát hành các Ghi chú

Added support for custom amount of pivots to be shown on the chart

13 thg 1

Phát hành các Ghi chú

Update: Pivot Limit setting now under General section in settings screen

11 thg 3

Phát hành các Ghi chú

Update: Fixed error on 1 minute charts for users that have lower tiers or free subscription plans.
Users with subscription plans that support second charts can now mark a checkbox in the settings that allows the script to process seconds charts for accurate in-candle lookup.