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Ron
Now that you are getting the hang of programming with Amibroker use the
"Param" function to modifiy what you have. You can
dynamically change the term length of the Zig that you have to see
multiple Zigs on the same indicator. Just remember to be careful
interpreting the last Zig to the right. Please see the caution in
using the Zig function in the help files.
Steve
At 04:05 PM 7/4/2003 -0500, you wrote:
Today,
I finally spent some time looking at the ZIG indicator. I have
attached some charts that demonstrate Zig's ability to identify
uptrends and downtrends. I am wondering if anyone has developed AFL code
that can be used to scan for symbols that are in uptrends, as well as
another scan for symbols that are downtrending. I am interested in
any and all AA analysis coding that will help me better understand
Zig. I searched the AFL library, but failed to see anything that
looked like it could scan for Zig uptrends. My very short look at Zig
makes me think it may be one of the better indicators to use for
determining when to exit a position.
Is the sensitivity of Zig
adjustable? If it is, then perhaps one could adjust Zig so it takes you
out of some of the more serious pullbacks. Maybe it can be fine
tuned to match the individual trader's tolerance of pullbacks. I have not
yet found the time to learn anything about optimizing, so I will
not be able to do anything in that area.
BTW, I am very interested in starting,
or joining an Amibroker usergroup here in Dallas, Tx, so please contact
me if you live in the Dallas area and know of an existing group, or are
interested in starting such a group. All help will be
appreciated. Ron D
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