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In the recent S&C Traders Tip for 11/2003, there is the ZIGZAG TREND
indicator. The screenshot shows the indicator with a second screen
below it showing a mountain chart of the value of the stock using the
signals that are given(going long vs. going short). I am trying to
program for this chart. Does anyone know how to create this second
lower screen that they call the "equity curve" ?? Here is the summary
on the S&C Trader Tip for review:
FIGURE 1.
The screen shot in Figure 1 shows the daily Boeing bar chart with
classic 15% Zigzag line (blue), square-shaped Zigzag Trend indicator
(dark grey) and trend ribbon in the upper pane. The green arrows show
long entry points and red arrows show short entry points. Lower pane
shows equity curve (red area chart) of the simple reversal trading
system shown in the listing 1 compared to buy-and-hold equity curve
(blue line).
All help appreciated -
cheers JMB
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