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Corey,
The subject is fully covered in AFL terms, there is no need for
confusing references.
Dimitris Tsokakis
--- In amibroker@xxxxxxxxxxxxxxx, "Corey Saxe" <res1wgwl@xxxx> wrote:
> Try:
> 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
> ----- Original Message -----
> From: graeme_oswin
> To: 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 Oswin
>
>
>
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