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Steve, thanks for the quick reply. It is very
helpful.
lou howard
==============================
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Steve Dugas
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Wednesday, June 18, 2003 9:24
PM
Subject: Re: [amibroker] Steve Dugas Zig
Zag
Hi Lou,
The DLL calls AB's Zig function, so it works
exactly the same way. If you were using the AB Zig function yourself, you
would specify a % change for it to use when drawing the legs. As I understand
it, the last leg is not locked in until it has travelled that % from
the last reversal (peak or trough), at which time it is confirmed, and so is
the last pivot point. Until then, it is capable of being redrawn, which
means you cant rely on the last leg or last pivot either. If my understanding
is wrong, hopefully someone will correct me.
In my Zig, the DLL selects the % for you, and tells you what
% it arrived at in the title. The smaller red/green line uses that % to
calculate and show the level that the price must reach for the leg
to be confirmed. Once that level has been reached, the Zig line
changes color from blue to white to show that it has been
confirmed.
Having said all that, it is important to realize that for my
Zig, if you select your test period to always include the latest data, it
is *possible* for the optimal % to change on any given day (though it doesnt
seem to happen all that often), which could result in peaks and troughs
that are different from those that the previous % had shown
you.
Steve
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
Lou
H
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">AMI Group
Sent: Wednesday, June 18, 2003 6:56
PM
Subject: [amibroker] Steve Dugas Zig
Zag
Hi Steve -
Ilike your Zig Zag but have a question. As you know,
you can have an 'up-trend' and then the program can change it's mind and
decide there is a down-trend in effect. Is there a way to judge at
what level the program will change it's mind? Am still looking at your
new "optimized indicators", very good work.
Best Regards,
lou howardSend BUG REPORTS to
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