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Ok, I am re-doing this so it makes more sense. the periods are just
to fill space in the diagram below.
In using zig for support resistance, the first line is not stable
but the second line back is stable, is this a correct assumption.
example:
p2 p1
-.......-
.-.....-.- p
..-...-...-...-
...-.-.....-.-
....-.......-
t2 t1
current peak or "p" is not stable???
peak(close,1,1) or p1 is stable
peak(close,1,2) or p2 is stable
trough(close,1,1) or t1 is stable???
trough(close,1,2) or t2 is stable
Would these assumptions be correct?
Thanks
wdbaker
--- In amibroker@xxxx, "wdbaker8" <wdbaker8@xxxx> wrote:
> I just realized that the diagram I tried to do didn't work so well,
> but if you go and try to reply you will be able to see it fine.
>
> thanks
> wdbaker
>
> --- In amibroker@xxxx, "wdbaker8" <wdbaker8@xxxx> wrote:
> > In using zig for support resistance, the first line is not stable
> but
> > the second line back is stable, is this a correct assumption.
> > example:
> >
> > p2 p1
> > - -
> > - - - p
> > - - - -
> > - - - -
> > - -
> > t2 t1
> >
> >
> >
> > current peak or "p" is not stable???
> > peak(close,1,1) or p1 is stable
> > peak(close,1,2) or p2 is stable
> > trough(close,1,1) or t1 is stable???
> > trough(close,1,2) or t2 is stable
> >
> > Would these assumptions be correct?
> >
> > Thanks
> > wdbaker
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