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Re: [amibroker] zig zag question



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Monday, November 8, 2004, 9:29:00 AM, kaveman wrote:

kp> zigzag is just a series of peak and trough results

To elaborate just a bit, it's a series of peaks and troughs that
(important part) looks into the future to determine the last peak or
trough.

So, the key thing to remember here is (another important part) that
the last P or T is dynamic.  It can, and will, change.  The entire
swing will disappear in the blink of an eye, suddenly becoming an
extension of the prior swing. Systems based on zigzag back test
wonderfully. But the results are fantasy.

Many have stumbled on zigzag thinking they have found "the grail".
They have not.

Yuki

kp> On Sun, 07 Nov 2004 16:26:32 -0800, stockjunkie@xxxxxxxxx
kp> <stockjunkie@xxxxxxxxx> wrote:
>> 
>> 
>> Hello to all,
>> 
>> i am still familiarizing myself with the demo and getting a better
>> understanding of this software....
>> 
>> i have been putzing with the zigzag function and would like ot know if
>> anyone has the code or afl for it as i would like to do some
>> experimentation with it...
>> 
>> Thanks to those who responded but i want to know what code is in the
>> zigzag not how to use the zigzag...
>> 
>> This is a great group,
>> Thanks
>> JJ




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