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In the attached message Tomasz said he previously posted a JScript version
of "Zig" on this board. I searched for it at Yahoo Groups, but did not
find it.
If someone has it can you re-post it or email it directly to me.
Thanks,
Fred
QED@xxxx
Mike,
1. Yes.
2. % means the change of ARRAY. it can be any array not necessarily close.
The algorithm is that the reversal happens if price movement exceeds
% change.
The main problem is that algorithm needs to know FUTURE price movement to
make the decision if it should reverse or not. That's why you should
NOT build
trading systems on Zig, Trough,Peak
I posted some time ago a JScript implementation of zig on this board.
3. Trough/Peak functions are Zig-based. Trough Peaks are points where Zig
reverses.
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: "Mike Pham" <mmqp@xxxx>
To: "amiBroker" <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 23, 2002 12:05 AM
Subject: [amibroker] zig,trough,peak questions
> Hi Tomasz and all,
>
> I need some help understanding the parameters in above
> functions. (zig,trough,peak)
>
> 1. Are the "change" parameters the same for all three
> functions?
>
> 2. In Zig, % change means the close price of the
> current period (today) must be larger/smaller? than
> yesterday to give you a true?
>
> 3. In trough/peak; What does change means? percentage
> change?
>
> I try to experiment things, but it's still not very
> clear to me. Thanks for your patience and time.
>
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