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Jayson,
So are you saying that t1 in my example below is not really t1
until p exceeds the set % level, if this is so, can t1 even be called
trough(close,1,1) while p has not hit set % level?
> p2......p1
> -.......-
> .-.....-.-.....p
> ..-...-...-...-
> ...-.-.....-.-
> ....-.......-
> ....t2......t1
Thanks
wdbaker8
--- In amibroker@xxxx, "Jayson" <jcasavant@xxxx> wrote:
> Once the percentage setting from your last pivot has been exceeded
and
> reversing move will result in a new line. That new line may vanish
if the
> stock again reverses prior to exceeding its percentage move. So,
the move is
> confirmed once the % is exceeded and a new line is drawn. that new
line is
> confirmed once the percentage from the last pivot is exceeded and
so on and
> so on......
>
> Here is an example of a 10% Zig.....
>
>
>
> Jayson
>
> -----Original Message-----
> From: wdbaker8 [mailto:wdbaker8@x...]
> Sent: Wednesday, October 02, 2002 10:28 PM
> To: amibroker@xxxx
> Subject: [amibroker] more zig()
>
>
> All,
> Trying to understand this zig() thing better so
> I know when I can or can't use it.
> What has to happen for p below to become p1 as in peak(close,1,1)
> Can it become p1 after it has surpassed its
> % move while still moving in the same direction or
> does it have to reach its % move and then reverse
> direction before it changes from p to p1?
> Does p ever become p1 before it reverses?
> p1 = p1 until ____________ happens and then p1 becomes p2
>
> p2......p1
> -.......-
> .-.....-.-.....p
> ..-...-...-...-
> ...-.-.....-.-
> ....-.......-
> ....t2......t1
>
> Thanks for your help :)
> wdbaker8
>
>
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