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hmmm. I guess I'm not sure how to know when zig-related functions are ok to
use and when they're not. I do understand how AFL code can look into the
future; even something as simple as Ref(C, 15) gets you closing price from a
future date.
I know there's lots of talk in the list archive about this, but I never
found a conclusive statement about when zig was legitimate for current
trading and when it wasn't. TJ, or someone, could we have a genuine
statement on how to tell?
I still think there must be a non-zig answer to my original quesiton about
detecting simple reversals of direction. any takers?
thanks,
dave
> I realsie that there are limitations on the use of zig, but if you are
> looking for a change of direction, it can be used successfully. I actually
> do not understand how something can look into the future, and my use of
> peaks/troughs has shown me that it sets the last change in
> direction at that
> time and this does not move. Only the last, most recent leg
> remains flexible
> as it follows the current price, until that preset change is
> made. This then
> sets the highest/lowest when this occurred, and continues with a new leg.
> I have used it successfully in my support/resistance levels using
> peaks/troughs of the RSI indicator.
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