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Steve,
Thank you.
You are right. A ZigZag of the H array is different than a ZigZag of
the L array. This is something I did not notice till now.
B Rgds
--- In amibroker@xxxxxxxxxxxxxxx, "Steve Dugas" <sjdugas@xxxx> wrote:
> Hi Berti,
>
> I think this idea is harder than it sounds, since one array may
produce more
> peaks and troughs than the other so that they will not necessarily
follow in
> sync or fall on the same bar as you might expect. For example, plot
the code
> below on CSCO to see that the Zig( Low ) generates more
peaks/troughs than
> the Zig( High ). I suppose this makes some sense, since prices often
decline
> more sharply than they advance. I have written the code to try and work
> around this - It goes from high peak to next low trough to next high
peak,
> etc... See if it is what you are looking for. It also plots the Zig(
> High ) and Zig( Low ) for reference (see attached pic).
>
> Steve
>
> Pct = 10;
>
> Peaks = PeakBars( High, Pct ) == 0;
>
> Troughs = TroughBars( Low, Pct ) == 0;
>
> Uptrend = Flip( Troughs, Peaks );
>
> Point = Uptrend != Ref( Uptrend, -1 );
>
> Point[BarCount-1] = 1;
>
> Price1 = IIf( Uptrend, ValueWhen( Point, Low ), ValueWhen( Point,
High ) );
>
> Price2 = IIf( Uptrend, ValueWhen( Point, High, 0 ), ValueWhen(
Point, Low,
> 0 ) );
>
> Bar = BarIndex();
>
> Bar1 = ValueWhen( Point, Bar );
>
> Bar2 = ValueWhen( Point, Bar, 0 );
>
> Slope = ( Price2 - Price1 ) / ( Bar2 - Bar1 );
>
> Offset = Price1;
>
> HiLoZig = ( Bar - Bar1 ) * Slope + Offset;
>
> Plot( HiLoZig, "Zig ( Hi To Lo )", colorYellow, styleLine );
>
> Plot( Zig( High, Pct ), "Zig ( Highs )", colorPaleGreen, styleLine );
>
> Plot( Zig( Low, Pct ), "Zig ( Lows )", colorPink, styleLine );
>
> Plot( Close, "Close", colorBlue, styleCandle );
>
>
> ----- Original Message -----
> From: "Berti Fallada" <berti.fallada@xxxx>
> To: <amibroker@xxxxxxxxxxxxxxx>
> Sent: Tuesday, May 04, 2004 11:29 AM
> Subject: [amibroker] ZigZag
>
>
> > Does anyone know how to plot the ZigZag indicator from High to Low?
> > (for Peak use High-array, for Trough use Low-array).
> > The ZigZag function allows only one parameter (High or Low):
> > zig(ARRAY, change )
> >
> > Thanks.
> >
> >
> >
> >
> > Send BUG REPORTS to bugs@xxxx
> > Send SUGGESTIONS to suggest@xxxx
> > -----------------------------------------
> > Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > --------------------------------------------
> > Check group FAQ at:
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> >
> >
> >
> >
> >
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
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