Re: [amibroker] Correct usage of Peak & Trough

["Corey Saxe" <res1wgwl@xxxxxxxxxxx>]

Try:
<A 
href="">http://tinyurl.com/3hedm
 
by Dusant on the equismetastock list.
 
PEAK and TROUGH are components of the zigzag 
indicator.
Once you understand how it is calculated, PEAK and TROUGH are 
simple.
 
Zig Validity shows at what point the prices have moved enough 
to make the final leg of the zigzag indicator an accurate peak or trough rather 
than an estimate.
 
-CS
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  graeme_oswin 
  
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Sunday, April 25, 2004 11:04 
  PM
  Subject: [amibroker] Correct usage of 
  Peak & Trough
  Dear all,I am trying to develop a system that, 
  amongst other things, buys on pull back from a recent peak and following a 
  trough bounce within the last couple of days.However,  I am 
  confused about the correct use of the PEAK and TROUGH commands.  I 
  understand they potentially look into the future.Under what 
  circumstance can you reliably use PEAK and TROUGH to identify 
  swings?Is there a better (more reliable) way to identify recent peaks 
  and trough?Regards,Graeme 
  OswinSend BUG REPORTS to bugs@xxxxxxxxxxxxxSend 
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